Bianca Bicycles Company manufactur bicycles sell for $350 each Budgeted fixed $2.200.000. Planned and actual production Required: manufactures mountain bikes with a standard variable cost of $200. The udgeted fixed manufacturing overhead for the most recent year was ned and actual production for the year were the same a. Under each of the following conditions s absorption costing, and wing conditions states weather income is greater (higher) under variable or b. state the amount of the difference reporte e amount of the difference reported in net income under the two methods Treat each case independently from the others. 1) Production Sales 20,000 units 23,000 units 2) Production Sales 10,000 units 10,000 units 3) Production Sales 11,000 units 9,000 units 1 Variable