I need help fast!!!?

Question

Green Company sells its product for $11,000 per unit. Variable costs per unit are: manufacturing, $6,000; and selling and administrative, $125. Fixed costs are: $30,000 manufacturing overhead, and $40,000 selling and administrative. There was no beginning inventory at 1/01/05. Production was 20 units per year in 2005-07. Sales was 20 units in 2005, 16 units in 2006, and 24 units in 2007. Income under variable costing for 2006 is

Answer 1

2006 Income
Sales (16 x $11k) $176,000
Less Variable Costs -
Mfg (16 x $6k) $96,000
S&A (16 x $125) $2,000
Contribution margin $78,000
Less Fixed Costs -
Mfg O/H $30,000
S&A $40,000
Income $8,000

I'm taking 2006 by itself on the assumption that by then, 2005 results would have been accounted for, and in 2006 you won't know what production would be in 2007. No-one waits till 2007 figures are in before calculating 2006 results.