16 Solomon Manufacturing pays its production managers a bonus based on the company's profitability. During the two most recent years, the company maintained the same cost structure to manufacture its products Units Skipped Produced Units Sold Year Production and Sales 2018 4,000 6,000 4,000 4,000 2019 Cost Data Direct materials $ 13.7 per unit $ 22.3 per unit 10.0 per unit $99,000 Direct labor Manufacturing overheadvariable Manufacturing overheadfixed Variable selling and acministrative expenses Fixed selling and administrative expenses $ 7.1 per unit sold. $56,000 Assume that selling and administrative expenses are associated with goods sold.) Levine sells its products for $109.2 per unit. Required a. Prepare income statements based on absorption costing for 2018 and 2019 b. Since Levine sold the same number of units in 2018 and 2019, why did net income increase in 2019? d. Determine the costs of ending inventory for 2019 e. Prepare income statements based on variable costing for 2018 and 2019 Complete this question by entering your answers in the tabs below 1 eompsil Complete this question by entering your answers in the tabs below Req A 2018Req A 2019Req B Req D2018 Req E 2019 Skipped Prepare income statements based on absorption costing for 2018. (Do not round intermediate calculations.) SOLOMON MANUFACTURING Absorption Costing Income Statement For the Year Ended Dec. 31, 2018 Cost of Goods Sold: Req A 2018 16 Complete this question by entering your answers in the tabs below Req A 2018 Req A 2019 Req B Req D2018 Req E 2019 Skipped Prepare income statements based on absorption costing for 2019. (Do not round intermediate calculations.) SOLOMON MANUFACTURING Absorption Costing Income Statement For the Year Ended Dec. 31, 2019 Cost of Goods Sold: Req A 2018 ED Required a. Prepare income statements based on absorption costing for 2018 and 2019 b. Since Levine sold the same number of units in 2018 and 2019, why did net income increase in 2019? d. Determine the costs of ending inventory for 2019 e. Prepare income statements based on variable costing for 2018 and 2019. Skipped Complete this question by entering your answers in the tabs below Req B Req E 2018 Req E 2019 Req A 2018 Req A 2019 Req D Since Levine sold the same number of units in 2018 and 2019, why did net income increase in 2019? Why did net income in crease in 2019? Req A 2019 ReqD > 16 Levine sells its products for $109.2 per unit. Required a. Prepare income statements based on absorption costing for 2018 and 2019 b. Since Levine sold the same number of units in 2018 and 2019, why did net income increase in 2019? Skipped d. Determine the costs of ending inventory for 2019. e. Prepare income statements based on variable costing for 2018 and 2019. Complete this question by entering your answers in the tabs below Req DRq 2018 Req E 2019 Req A 2018 Req A 2019Req B Determine the costs of ending inventory for 2019. (Do not round intermediate calculations.) Ending invento ReqB Req E 2018> ED 1ompet Complete this question by entering your answers in the tabs below Req E 2018Req E 2019 Req A 2018 Req A 2019 Req D Skipped Prepare income statements based on variable costing for 2018. (Do not round intermediate calculations.) SOLOMON MANUFACTURING Variable Costing Income Statement For the Year Ended Dec. 31, 2018 Cost of Goods Sold: ReqD Req E 2019 ED 1ompet Complete this question by entering your answers in the tabs below Req D Req E 2018Req E 2019 Req B Req A 2018 Req A 2019 Skipped Prepare income statements based on variable costing for 2019. (Do not round intermediate calculations.) SOLOMON MANUFACTURING Varlable Costing Income Statement For the Year Ended Dec. 31, 2019 Cost of Goods Sold: Req E 2018 Req E 2019