Varlable and absorption costing-three products Starting Question Winslow Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for the three shoes are as tollows: Winslow Inc. Product Income Statements-Absorption Costing For the Year Ended December 31, 20Y1 Golf Shoes Running Shoes Shoes 820,000.00 $690,000.00 $615,000.00 416,000.00 404,000.00 5351,100.00 $196,000.00 356,600.00 $47400.00 $103,400.00 $(143,500.00) 2 Revenues 8Cost of goods sold 4 Gross proft 38,900.00 419,000.00 24770000 Selling and administrative expenses Income (Loss) from operations 339,500.00 In addition, you have determined the following information with respect to allocated fixed costs