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37. Label the two following income statements according to the absorption method and the variable method. (15 Sweet Hat, Bro Absorption Costing Income Statement For
37. Label the two following income statements according to the absorption method and the variable method. (15 Sweet Hat, Bro Absorption Costing Income Statement For the Year Ended December 31, 2019 $ 756,000 S (550,200) $ 205.800 $ (45,500) $ 160,300 Sweet Hat, Bro Variable Costing Income Statement For the Year Ended December 31, 2019 $ 756,000 $(483,000) $ 273,000 $ (35,000) $ 238,000 $ (90.500) $ 147,500
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