1)

Assume that selling prices, variable costs per unit, and total fixed costs did not

change from 2019 to 2020. Present Sackville's Income Statements for 2019 and

2020 using absorption costing.

2)

Assume that selling prices, variable costs per unit, and total fixed costs did not

change from 2019 to 2020. Present Sackville's Income Statements for 2019 and

2020 using variable costing

Consider the following information for Sackville Company: Selling price per unit $ 12.00 Variable manufacturing cost per unit $ 6.50 Variable selling and administrative cost per unit $ 1.25 Fixed selling and administrative expenses per year $ 150,000 Beginning inventory in 2019 0 units Production in 2019 240,000 units Sales in 2019 233,500 units Production in 2020 200,000 units Sales in 2020 203,000 units Fixed manufacturing cost per unit in 2019 $ 2.00 Required: 1) Assume that selling prices, variable costs per unit, and total fixed costs did not change from 2019 to 2020. Present Sackville's Income Statements for 2019 and 2020 using absorption costing. 2) Assume that selling prices, variable costs per unit, and total fixed costs did not change from 2019 to 2020. Present Sackville's Income Statements for 2019 and 2020 using variable costing