Whispering Winds Motors is a division of Whispering Winds 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. Elizabeth Brown is the division manager. She is considering producing either 180,000 or 280,000 units during the period. Other information is as follows:

Division Information for 2022
Beginning inventory		0
Expected sales in units		180,000
Selling price per unit		$7.00
Variable manufacturing cost per unit		$2.70
Fixed manufacturing cost (total)		$504,000
Fixed manufacturing overhead costs per unit
Based on 180,000 units		$2.80	per unit ($504,000 180,000)
Based on 280,000 units		$1.80	per unit ($504,000 280,000)
Manufacturing cost per unit
Based on 180,000 units		$5.50	per unit ($2.70 variable + $2.80 fixed)
Based on 280,000 units		$4.50	per unit ($2.70 variable + $1.80 fixed)
Variable selling and administrative expenses		$0.45	per unit
Fixed selling and administrative expenses (total)		$10,300

Prepare a variable-costing income statement, with one column showing the results if 180,000 units are produced and one column showing the results if 280,000 units are produced.

WHISPERING WINDSMOTORS DIVISION Income Statement For the Year Ended 2022 Variable Costing
Units produced		280,000		180,000
Units sold		enter number of units sold		enter number of units sold
select an income statement item Fixed selling and administrative expensesTotal variable costsSalesContribution marginFixed manufacturing overheadVariable cost of goods soldFixed costsVariable selling and administrative expensesVariable costsVariable costs of goods available for saleNet income		$enter a dollar amount		$enter a dollar amount
select between addition and deduction AddLess: select an opening name for section one Fixed manufacturing overheadContribution marginVariable selling and administrative expensesVariable cost of goods soldFixed selling and administrative expensesFixed costsSalesNet incomeVariable costs of goods available for saleTotal variable costsVariable costs
select an income statement item Fixed costsVariable selling and administrative expensesSalesVariable costs of goods available for saleVariable cost of goods soldFixed manufacturing overheadFixed selling and administrative expensesContribution marginNet incomeVariable costsTotal variable costs		enter a dollar amount		enter a dollar amount
select an income statement item Net incomeVariable cost of goods soldContribution marginVariable costs of goods available for saleSalesTotal variable costsFixed costsVariable costsVariable selling and administrative expensesFixed manufacturing overheadFixed selling and administrative expenses		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part SalesFixed costsTotal variable costsVariable selling and administrative expensesVariable costs of goods available for saleContribution marginVariable costsFixed manufacturing overheadVariable cost of goods soldFixed selling and administrative expensesNet income		enter a total amount for the first part		enter a total amount for the first part
select between addition and deduction AddLess: select an opening name for section two Contribution marginFixed selling and administrative expensesFixed costsTotal variable costsVariable selling and administrative expensesVariable cost of goods soldNet incomeFixed manufacturing overheadSalesVariable costsVariable costs of goods available for sale
select an income statement item SalesVariable costsContribution marginVariable costs of goods available for saleNet incomeVariable selling and administrative expensesFixed costsFixed manufacturing overheadVariable cost of goods soldTotal variable costsFixed selling and administrative expenses		enter a dollar amount		enter a dollar amount
select an income statement item Fixed selling and administrative expensesNet incomeTotal variable costsVariable costsVariable cost of goods soldSalesVariable selling and administrative expensesContribution marginFixed costsVariable costs of goods available for saleFixed manufacturing overhead		enter a dollar amount		enter a dollar amount
select a closing name for this statement Fixed selling and administrative expensesVariable cost of goods soldFixed costsFixed manufacturing overheadContribution marginNet incomeVariable selling and administrative expensesVariable costsTotal variable costsVariable costs of goods available for saleSales		$enter a total amount for this statement		$enter a total amount for this statement