Income statement under variable costing method Beginning inventory Units produced 45,000 Units sold 40,000 $ 81 Selling price per unit Selling and administrative expenses: $ 2 $ 561,000 Variable per...

Extracted text: Income statement under variable costing method Beginning inventory Units produced 45,000 Units sold 40,000 $ 81 Selling price per unit Selling and administrative expenses: $ 2 $ 561,000 Variable per unit Fixed (per month) Manufacturing costs: Direct materials cost per unit $ 15 $ 9 Direct labor cost per unit Variable manufacturing overhead cost per unit $ 2 Fixed manufacturing overhead cost (per month) $ 720,000