41) In X5, Earth Co. produced 36,000 units of a new product and sold 30,000 units at the unit selling price of $20.00. The manufacturing and non-manufacturing costs are as follows: . . Direct and variable costs per unit: $8 Fixed manufacturing overhead: $216,000 Variable selling and administrative expenses per unit sold: $0.60 Fixed selling and administrative expenses: $80,000 There is no beginning nor ending balances in the work in process inventory . Required: Prepare two income statements, one using the concepts from the absorption costing system and the other one using the marginal costing system assumptions. Explain why the operating profit computations between costing systems are similar or different