2. Incone Statment Sale 1.000 X 541.60 per unit) Conto od told (30.000 units X 121 pek urt) Great in Selling and distrative expenses Tiet operating incon $1.580,000 798.000 782.800 437.000 $345, 800 The company's selling and administrative expenses consist of $285,000 per year in fixed expenses and $4 per unit sold in variable expenses. The $21 unit product cost given above is computed as follows: ebook $ 10 Direct materiais Direct labor Varihle sandatarine overhead Fixed Reacturint overhead ($196.000 49.000 unita) Absorption contingit product cout 3 32L Required: 1 Redo the company's income statement in the contribution format using variable costing 2 Reconcile any difference between the net operating income on your variable costing income statement and the net operating income on the absorption costing income statement above. Complete this question by entering your answers in the tabs below. Required Required 2 Reconcile any difference between the net operating income on your variable costing income statement and the net operating income on the absorption costing Income statement above. (Enter any losses or deductions as a negative value.) Reconciliation of Variable Coating and Alisorption Costing Net Operating Incomes Variable costing net operating income Absorption costing net operating Incona (Prey 2 of 5 Next >