10 complete HW Score: 13 24%, 1.32 of FAM13-A4 (similar to) Question Help Examine the House Company's simplified income talement based ce vabile conting. Assume that the budgeted volume for absorption costing in 2020 and 201 was 1,470 units and that total fund costs were identical in 20x0 and 20X1. There is no beginning or ending work in process Click the loon to view the simplified income statement) Requirements 1. Prepare an income statement based on absorption conting Assume that led costs were equal to budgeted fixed costs 2. Explain the difference in operating income beabsorption cost and be Belle For the Year Ended December 31, 20X1 Sales Choose from any list or enter any number in the input fields, then click Checker part remaining Chek