MVP, Inc. Income Statement For the Year Ended December 31,2021 \table[[Sales,,$,375,000],[Cost...

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Accounting

MVP, Inc.
Income Statement
For the Year Ended December 31,2021
\table[[Sales,,$,375,000],[Cost of Goods Sold:,,,],[Direct Materials (variable),100,000,,],[Direct Labor (variable),22,400,,],[Manufacturing Overhead is fixed),93,000,,],[Cost of Goods Sold,,,215,400],[Gross Profit,,,159,600],[Operating Expenses:,,,],[Sales Commissions (variable),12,500,,],[Shipping (variable),2,500,,],[Advertising (fixed),11,200,,],[Billing (of which $10,000 is fixed),10,250,,.],[Sales and Administrative Salaries (fixed),87,300,,],[Total Operating Expenses,,,123,750],[Operating Income (Loss),,$,35,850]]
Additional information:
Sales Price per unit:
All variable expenses in the company vary in terms of units sold
There was no change in inventory levels between the beginning and end of the year
B. Using the information above, calculate the missing amounts below:
a. Units of product MVP sold in 2021:
na
Variable cost per unit for the following mixed costs:
b. Variable Manufacturing Overhead per unit:
na
c. Variable Billing per unit:
n/a
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