Vaughn Motors is a division of Vaughn Products Corporation. The division manufactures and sells an electric switch used in a wide variety of applications. During the coming year, it expects to sell 180,000 units for $7.00 per unit. Margaret Moore is the division manager. She is considering producing either 180,000 or 300,000 units during the period. Other information is as follows: Division Information for 2022 Beginning inventory o Expected sales in units 180,000 $7.00 Selling price per unit Variable manufacturing cost per unit $2.10 $540,000 Fixed manufacturing cost (total) Fixed manufacturing overhead costs per unit Based on 180,000 units $3.00 per unit ($540,000 = 180,000) Based on 300,000 units $1.80 per unit ($540,000 = 300,000) Manufacturing cost per unit Based on 180,000 units $5.10 per unit ($2.10 variable + $3.00 fixed) Based on 300,000 units $3.90 per unit ($2.10 variable + $1.80 fixed) $0.50 per unit Variable selling and administrative expenses Fixed selling and administrative expenses (total) $10,500 Prepare an absorption-costing income statement, with one column showing the results if 180,000 units are produced and one column showing the results if 300,000 units are produced. VAUGHNMOTORS DIVISION Income Statement For the Year Ended 2022 Absorption Costing Units produced 300,000 180,000 Units sold $ 4 $ $ $