A company reported the following information for its first year of operations:

$\backslash$table$[[$Units produced,$4,700],[$Units sold,$3,760],[$Unit sales price,$200\mathrm{.}00],[$Direct materials per unit,$40\mathrm{.}00],[$Direct labor per unit,$50\mathrm{.}00],[$Variable manufacturing overhead per unit,$10\mathrm{.}00],[$Fixed manufacturing overhead,$70,500],[$Variable selling expenses per unit,$10\mathrm{.}00],[$Fixed selling and administrative expenses,$30,000]]$

Required:

a$.$ Prepare a full absorption costing income statement.

b$.$ Prepare a variable costing income statement.

Complete this question by entering your answers in the tabs below.

Required $A$

Prepare a full absorption costing income statement.

Note: Do not round your intermediate calculations. Round your answers to nearest dollar amounts.

Sales Revenue