Do not give answer in image Prepare a variable costing income statement with one column showing the results if 30,000 units are produced and one columnshowing the results if 40,000 units are produced.AyayaiDivisionIncome Statement (Variable Costing)$30,000 Produced14740,000 Produced Current Attempt in ProgressAyayai is a division of Flynn, Inc. The division manufactures and sells a pump that is used in a wide variety of applications. During thecoming year, it expects to sell 30,000 units for $28 per unit. Steve Moss, division manager, is considering producing either 30,000 or40,000 units during the period. Other information is presented in the schedule below:Division Information-2023Beginning inventoryExpected sales in unitsUnit selling priceVariable manufacturing cost per unitFixed manufacturing overhead costs (total)Fixed manufacturing overhead costs per unitBased on 30,000 units ($240,000+30,000)Based on 40,000 units ($240,000+ 40,000)Manufacturing cost per unitBased on 30,000 units ($8 variable+ $8.00 fixed)Based on 40,000 units ($8 variable + $6.00 fixed)Selling and administrative expenses (all fixed)030,000$28$8$240,000$8.00$6.00$16.00$14.00$20,000

The income statement is prepared to record the revenue and expenses for the current period. The…

Division Information-2023 Beginning inventory Expected sales in units Unit selling price Variable manufacturing cost per unit Fixed manufacturing overhead costs (total) Fixed manufacturing overhead costs per unit Based on 30,000 units ($240,000+30,000) Based on 40,000 units ($240,000+ 40,000) Manufacturing cost per unit Based on 30.000 units ($8 variable+ $8.00 fixed) Based on 40,000 units ($8 variable+ $6.00 fixed) Selling and administrative expenses fall foxed) 30,000 $28 $8 $240,000 $8.00 $6.00 $16.00 $14.00 $20.000