BBA 341: MANAGERIAL ACCOUNTING ABC Company produces and sells one product. The following information pertains to the company: 2019 2020 Production (units) 10.000 10.000 Sales (units) 8.000 11.000 Unit selling price (TL) 20 25 Unit variable costs: Direct material 5 6 Direct labor 3 Variable overhead 2 33 Fixed overhead (TL/year) Selling and Administrative Expenses 40.000 40.000 Variable (TL/unit sold) 1 2 Fixed (TL/year) 15.000 15.000 * There were no beginning and ending work in process inventories in both years. Also there were no finished goods inventories at the beginning of the year 2019. REQUIRED: Prepare full (absorption) and variable income statements for the year 2019 and 2020.