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Aspen Inc has the following information for its first year of operations: Units produced Units sold Unit sales price Direct material per unit Direct labor

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Aspen Inc has the following information for its first year of operations: Units produced Units sold Unit sales price Direct material per unit Direct labor per unit Variable manufacturing overhead per unit Fixed manufacturing overhead Variable selling expenses Fixed selling and administrative expenses 3,700 3,700 $ 220.00 $ 40.00 $ 20.00 $ 12.00 $ 85,100 $ 16.00 $ 66,400 a. Prepare Aspen's full absorption costing income statement. b. Prepare Aspen's variable costing income statement. nearest dollar amounts.) Variable Costing Income Statement Absorption Costing Income Statement

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