51 Income statements focused on cost function and cost behaviour Prepare Income Statement applying Absorption Reporting and Managerial Reporting using the following information of revenue and costs: 1. Revenue 2. Variable COGS 3. Variable selling costs 4. Variable admin costs 5. Fixed COGS 6. Fixed selling costs 7. Fixed administration costs In '000 2.000.000 900.000 150.000 200.000 300.000 50.000 300.000 (51