Winslow in manufactures and three types of shoes. The income mentoring method Winslow Inc Product Income Statements-Absorption Costing For the Year Enited December 21, 2011 Cross Training Shoes Golf Shoes Running Shoes Rene 1482,000 1209/200 1949,000 Cost of gode sold 250.000 (141.700 (164,700) 231.400 1547.100 1,100 Setting and contrative pres (199,000) (106,2001 (135.400) ring income $37,600 141,300 400 Tn addition, you have determined the following information with the CROSS Golf Running Training Shoes Shoes Shoes Fixed CMS Cost of goods sold $77,100 $37,600 194.400 Selling and administrative expenses 57,000 34,700 34.400 These fred costs are used to support all three product lines and will not change with the limination of any one product. In addition, you have and that the contratti The management of the company has deemed the profit peformance at the running shoe ineunci Added to the grounds to be increases the other two lines. However, as a result of almating the ring shon, management expect the profits of the company to by 154,300 a. Are management decision and conclusions correct? Management's desion and conclusion are incorrect The art will not improved to the continuing he will be Check Prevo b. Prepare a variable costing income statement for the three products. Enter a net loss as a negative number using a minus sign Winslow Inc. Variable Costing Income Statements-Three Product Lines For the Year Ended December 31, 2011 Cross Training Shoes Golf Shoes Running Shoes Fixed costs: QOQO Dini QUOD Total fixed costs Operating income (loss) Feedback Check My Work When recasting the variable costing income statement, remember that under variable costing, all fixed factory overhead costs are Manufacturing Margin; Manufacturing Margin - Variable Selling and Administrative Expenses - Contribution Margin; Contribution Operating income