b. Reconcile the variable costing and absorption costing operating incorne figures for should be indicated by a minus sign. Do not leave any empty spacces ingut a 0 3. This part of the question is not part of your Connect assignmerz. 4. This part of the question is not part of your Connect atsipmente 5-a. This part of the question is not part of your Connect assignoert 2. Refer to the absorption costing income statements above. fixed) (Round your answer to 2 decimal ploces.) (absorpbon costing basist to remsin constant at 52000 uns for the yea Required: 1. Prepare a contribution format income statement for each year using varlable costing Additional information about the company follows: overhead) total only $4 per unit, and fixed manufacturing overhead costs sotai $640,000 per year. fived overhead rate is computed each yean) d. The company uses a FIFO inventory flow assumption. incurred during year 3 when sales recovered to previous ievels Required