Aspen Incorporated has the following information for its first year of operations: Units produced 3,600 Units sold 3,600 Unit sales price 200 Direct material per unit 60 Direct labor per unit 30 Variable manufacturing overhead per unit 30 Fixed manufacturing overhead 115,200 Variable selling expenses per unit 15 Fixed selling and administrative expenses 65,000 Required: Prepare Aspen's full absorption costing income statement. Prepare Aspen's variable costing income statement. Omit Per Unit and Percent of

Required:

Part A Prepare Aspen's full absorption costing income statement.

Part B Prepare Aspen's variable costing income statement. Omit Per Unit and Percent of Sales columns.