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Graham is a division of Flynn, Inc. The division manufactures and sells a pump that...

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Accounting

Graham is a division of Flynn, Inc. The division manufactures and sells a pump that is used in a
wide variety of applications. During the coming year, it expects to sell 30,000 units for $25 per
unit. Steve Moss, division manager, is considering producing either 30,000 or 40,000 units during
the period. Other information is presented in the schedule below:
Instructions
Prepare a variable costing income statement with one column showing the results if 30,000 units
are produced and one column showing the results if 40,000 units are produced.
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