6. Howard Corporation produces and sells a single product. The following data refer to the year just completed: Beginning inventory Units produced Units sold Selling price per unit 0 9,000 7,000 $ 47 Manufacturing costs: Direct materials cost per unit $ 10 Direct labor cost per unit $ 6 Variable manufacturing overhead cost per t Fixed manufacturing overhead per year unit 5 $90,000 S 4 I $58,000 Selling and administrative expenses: Variable per unit Fixed per year a. Prepare an income statement for the year using absorption costing b. Prepare an income statement for the year using variable costing. c. Reconcile the absorption costing and variable costing net income.