Waterway Motors is a division of Waterway 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 200,000 units for $8.00 per unit. Karen White is the division manager. She is considering producing either 200,000 or 240,000 units during the period. Other information is as follows: Drepare a variable-costing income statement, with one column showing the results if 200,000 units are produced and one column howing the results if 240,000 units are produced. WATERWAYMOTORS DIVISION Income Statement For the Year Ended 2022 Variable Costing Units produced Units sold Sales Less Variable Sales Variable costs of goods available for sale Fixed selling and administrative expenses Fixed costs Variable cost of goods sold Contrib Variable selling and administrative expenses Total variable costs Less Fixed manufacturing overhead Net income Fixed se Contribution margin Variable costs 240,000 $ 200,000 $ Net income Waterway Motors is a division of Waterway 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 200,000 units for $8.00 per unit. Karen White is the division manager. She is considering producing either 200,000 or 240,000 units during the period. Other information is as follows: Drepare a variable-costing income statement, with one column showing the results if 200,000 units are produced and one column howing the results if 240,000 units are produced. WATERWAYMOTORS DIVISION Income Statement For the Year Ended 2022 Variable Costing Units produced Units sold Sales Less Variable Sales Variable costs of goods available for sale Fixed selling and administrative expenses Fixed costs Variable cost of goods sold Contrib Variable selling and administrative expenses Total variable costs Less Fixed manufacturing overhead Net income Fixed se Contribution margin Variable costs 240,000 $ 200,000 $ Net income