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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
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 3,730 3,730 $204.00 $ 48,00 28.00 $24.00 $82,060 $ 15.00 $66,100 Variable manufacturing overhead per unit Fixed manufacturing overhead Variable selling expenses Fixed selling and administrative expenses a. Prepare Aspen's full absorption costing income statement. (Do not round your intermediate calculations. Round your answers to nearest dollar amounts.) Absorption Costing Income Statement b. Prepare Aspen's variable costing income statement. (Round your answers to nearest dollar amounts.) Variable Costing Income Statement
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