5 Rey Company's single product sells at a price of $220 per unit. Data for its single product for its first year of operations follow. 16.66 points 811122 Direct materials Direct labor Overhead coats Varlable overhead Tixed overhead per year Selling and administrative expenses Variable Fixed Unite produced and sold $ 24 per unit $ 32 per unit 10 per unit $200,000 per year $ 22 per te $ 200,000 per year 24.000 units doo 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing. Hent Complete this question by entering your answers in the tabs below. Pit o Required Required 2 Berences Prepare an income statement for the year using absorption costing REY COMPANY Absorption Costing Income Statement MC GEW Hill 5 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using varlable costing. Complete this question by entering your answers in the tabs below. 16,66 points Required 1 0:31:46 Required 2 Prepare an Income statement for the year using absorption costing. Book REY COMPANY Absorption Costing Income Statement Hint Print . Autorences Not income (6) Required 2 > M Graw HU 5 1. Prepare an income sta 2. Prepare an income statement for the year using variable costing. Complete this question by entering your answers in the tabs below. 6.66 points 8 Required 1 Required 2 Da 013106 Prepare an income statement for the year using variable costing. REY COMPANY Variable Costing Income Statement eBook Hint Print References Not income foss) 5 Rey Company's single product sells at a price of $220 per unit. Data for its single product for its first year of operations follow. 16.66 points 811122 Direct materials Direct labor Overhead coats Varlable overhead Tixed overhead per year Selling and administrative expenses Variable Fixed Unite produced and sold $ 24 per unit $ 32 per unit 10 per unit $200,000 per year $ 22 per te $ 200,000 per year 24.000 units doo 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing. Hent Complete this question by entering your answers in the tabs below. Pit o Required Required 2 Berences Prepare an income statement for the year using absorption costing REY COMPANY Absorption Costing Income Statement MC GEW Hill 5 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using varlable costing. Complete this question by entering your answers in the tabs below. 16,66 points Required 1 0:31:46 Required 2 Prepare an Income statement for the year using absorption costing. Book REY COMPANY Absorption Costing Income Statement Hint Print . Autorences Not income (6) Required 2 > M Graw HU 5 1. Prepare an income sta 2. Prepare an income statement for the year using variable costing. Complete this question by entering your answers in the tabs below. 6.66 points 8 Required 1 Required 2 Da 013106 Prepare an income statement for the year using variable costing. REY COMPANY Variable Costing Income Statement eBook Hint Print References Not income foss)