Azalea Manufacturing manufactures a single product. Cost, sales, and production information for the company and its single product is as followrs (Click the icon to view the data.) More Into Read the requirements Requirement 1. Prepare an income statement for the upcoming year using variable costing . Sales price per unit $56 Azalea Manufacturing Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Variable manufacturing costs per unit manufactured (DM, DL and variable MOH) $35 Variable operating expenses per unit sold $5 .Fixed manufacturing overhead (MOH) in total for the year $180,000 .Fixed operating expenses in total for the year $53,000 Units manufactured during the year 16,000 units Units sold during the year 13,500 units Requirements Less: 1. Prepare an income stabement for the upcoming year using variable costing 2 Prepare an income statement for the upcoming year using absorption costing 3. What causes the difference in income between the two methods? hoose from any list or enter any number in the input fields and then click Check Answ Print Done parts remaining Check