$ $ 20 per unit 28 per unit Direct materials Direct labor Overhead costs Variable overhead Fixed overhead per year Selling and administrative expennen Variable Tixed Units produced and sold $ 6 per unit $ 160,000 per year 9 18 per unit $ 200,000 per year 20,000 units 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing. REY COMPANY Absorption Costing Income Statement Net income (loss) REY COMPANY Variable Costing Income Statement 0 Net income (los)