3 Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for follows 714 points Manufacturing costs Direct materials Direct labor Overhead costs Variable Fixed Selling and administrative costs for the year Variable Fixed Production and sales for the year Units produced Units sold Sales price per unit 4 per unit 60 per unit $ 3e per unit 57,000,00 (per year) $ 725,000 54,250,000 ebook 100,000 units 70.000 units 350 per unit $ Print 1. Prepare an income statement for the year using variable costing 2. Prepare an income statement for the year using absorption costing. References Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare an income statement for the year using variable costing. SIMS COMPANY Variable Costing Income Statement Net income oss Required 2 >