A B E F G HL 1 XYZ Company, reports the following Total costs at two levels of production 2 Beginning Inventory = 0 Units 3 Ending Inventory = 0 Units 4 Selling Price Per Unit 590 1000 Units 2000 Units 5 6 7 Cost Type Costs 8 Manufacturing Cost Direct Materials 20000 40000 9 Period Cost Maintenance 8000 10000 10 Manufacturing Cost Direct Labor 17000 34000 11 Manufacturing Cost Indirect Material 1000 2000 12 Manufacturing Cost Depreciation 4000 4000 13 Period Cost Utilities 3000 5000 14 Period Cost Rent 6000 6000 15 16 Required: 1/ 18 Prepare Absorption Income Statement for Production Level of 4000 Units, Given that Beginning Inventory Units and Ending Inventory - 500 Units Answer 20 Title Total 21 Sales Revenue 22 23 Cost of Goods Sold 24 25 Gross Profit (Loss) 26 2X Selling And Aministrative Expenses 28 29 Net Operating Income Infation fint Question Ports Second Question 3 Points Third Question 4 Parts Po O