The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.25 Direct Labor per Unit $1.25 Variable Manufacturing Overhead per Unit $0.25 Variable Selling and Administration Expenses $1.50 Units Produced 40,000 Units Sold 35,000 Sales Price Fixed Manufacturing Expenses $120,000 Fixed Selling and Administration Expenses $20,000 Prepare an income statement under variable costing method. $13 Appliance Apps Income Statement Appliance Apps Income Statement 1. MA.EA.06.07. ALGO 2. MA.PA.06.16.ALGO 3. MA.PA.06.17.ALGO 4. MA.EA.06.11.ALGO 5. MA.EA.06.01.ALGO 6. MA.PA.06.11.ALGO 7. MA.PA.06.13.ALGO 8. MA.PA.06.06.ALGO Prepare a reconciliation to the income under the absorption method. 9. MA.EA.06.03.ALGO 10. MA.EA.06.08.ALGO Appliance Apps Reconciliation Tunnho