Waterway Corp. is a manufacturer of specialty in-line skates. The operating results for 2022 are as follows:

Units produced		19,500	pairs
Units sold		18,000	pairs
Selling price		$215.00	per pair

Production information:
Direct materials		$975,000
Direct labour		721,500
Variable manufacturing overhead		429,000
Fixed manufacturing overhead		809,250
Variable marketing costs		180,000
Fixed marketing costs		208,350

There was no beginning finished goods inventory.

Fill in the blanks

A) Prepare an absorption-costing income statement. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

Prepare a variable-costing income statement. (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.)

Fill in the blanks B)

C) Fill inn the blanks

WATERWAY Corp. Income Statement Absorption Costing Production in units Sales in units $ $ $ WATERWAY Corp. Income Statement-Variable Costing Production in units Sales in units $ $ $ V: $ $ Reconcile the net incomes under absorption costing and variable costing. Variable-costing net income $ Fixed MOH deferred in ending inventory $ Absorption-costing net income $ Calculate the break-even point in sales units (pairs of skates) under the current cost structure. Break-even point units