48 Santana Rey expects sales of Business Solutions' line of computer workstation furniture to equal 300 workstations (at a sales price of $3,600 each) for 2021. The workstations' manufacturing costs include the following. Direct materials Direct labor Variable overhead Fixed overhead $ 790 per unit $ 380 per unit $ 80 per unit $ 19,200 per year Selling and administrative expenses for these workstations follow. Variable Fixed $35 per unit $ 3,200 per year Santana is considering how many workstations to produce in 2021. She is confident that she will be able to sell any workstations in her 2021 ending inventory during 2022. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations. Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? C for many more workstations. Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Required 2 Absorption costing method Variable costing method