Campbell Manufacturing pays its production managers a bonus based on the company's profitability. During the two most recent years, the company maintained the same cost structure to manufacture its products, Units Produced Units Sold 4,000 6,000 4.000 4.ee Year Production and Sales Year 2 Year 3 Cost Data Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Variable selling and administrative expenses Fixed selling and administrative expenses $ 13.10 per unit $ 23.10 per unit $ 10.00 per unit $106.800 $ 7.50 per unit sold $ 54,000 (Assume that selling and administrative expenses are associated with goods sold.) Campbell sells its products for $108,20 per unit. Required a. Prepare income statements based on absorption costing for Year 2 and Year 3. b. Since Campbell sold the same number of units in Year 2 and Year 3, why did pet income increase in Year 3? d. Determine the costs of ending inventory for Year 3. e. Prepare income statements based on variable costing for Year 2 and Year 3. Complete this question by entering your answers in the tabs below. Reg A Year 2 Reg A Year 3 RegB RegD Reg E Year 2 Reg E Year 3 Prepare income statements based on absorption costing for Year 2. (Do not round Intermediate calculations.) CAMPBELL MANUFACTURING Absorption Costing Income Statement For the Year Ended Dec. 31, Year 2 Cost of Goods Sold Ren A Year Reg A Year 3 > Campbell Manufacturing pays its production managers a bonus based on the company's profitability. During the two most recent years, the company maintained the same cost structure to manufacture its products Units Produced Units Sold Production and Sales 4,000 6.000 4.000 Year 3 Cost Data Direct materials Direct Labor Manufacturing overhead-variable Manufacturing overhead-fixed Variable selling and administrative expenses Fixed selling and administrative expenses $ 13.10 per unit $ 23. 10 per unit $ 10.00 per unit $106.500 $ 7.50 per unit sold $ 54,000 (Assume that selling and administrative expenses are associated with goods sold) Campbell sells its products for $108 20 per unit Required a. Prepare income statements based on absorption costing for Year 2 and Year 3. b. Since Campbell sold the same number of units in Year 2 and Year 3. why did pet income increase in Year 37 d. Determine the costs of ending inventory for Year 3 e. Prepare income statements based on variable costing for Year 2 and Year 3. Complete this question by entering your answers in the tabs below. Reg A Year 2 Reg A Year ReqB Reg D Req E Year 2 Req Year 3 Prepare income statements based on absorption costing for Year 3. (Do not round Intermediate calculations.) CAMPBELL MANUFACTURING Absorption Costing Income Statement For the Year Ended Dec. 31, Year 3 Cost of Goods Sold Campbell Manufacturing pays its production managers a bonus based on the company's profitability. During the two most recent years, the company maintained the same cost structure to manufacture its products. Units Produced Year Units Sold 4,000 6,000 4,000 4,000 Production and Sales Year 2 Year 3 Cost Data Direct materials Direct labor Manufacturing overhead-variable Manufacturing overhead-fixed Variable selling and administrative expenses Fixed selling and administrative expenses $ 13.12 per unit $ 23.10 per unit $ 10.00 per unit $106,800 $ 7.50 per unit sold $ 54,000 (Assume that selling and administrative expenses are associated with goods sold) Campbell sells its products for $108.20 per unit. Required a. Prepare income statements based on absorption costing for Year 2 and Year 3. b. Since Campbell sold the same number of units in Year 2 and Year 3, why did pet income increase in Year 3? d. Determine the costs of ending inventory for Year 3. e. Prepare income statements based on variable costing for Year 2 and Year 3. Complete this question by entering your answers in the tabs below. Reg A Year 2 Req A Year 3 ReqB Reg D Req E Year 2 Rege Year 3 Since Levine sold the same number of units in Year 2 and Year 3, why did net income increase in Year 37 Why did net income increase in Year 37 Campbell Manufacturing pays its production managers a bonus based on the company's profitability During the two most recent years, the company maintained the same cost structure to manufacture its products Produced Units Sold Production and Sales Year 2 Year 3 Cost Data Direct materials Direct Labor Manufacturing overhead-variable manufacturing overhead-fixed Variable selling and dinistrative expenses Fixed selling and dinistrative expenses $ 13. 1e per unit $ 23.1 per unit $ 10.per unit $106.00 $ 7.50 per unit sold $ 54.000 (Assume that selling and administrative expenses are associated with goods sold) Campbell sells its products for $108.20 per unit. Required 6. Prepare income statements based on absorption costing for Year 2 and Year 3 b. Since Campbell sold the same number of units in Year 2 and Year 3. why did pet income increase in Year 3? d. Determine the costs of ending inventory for Year 3. e. Prepare income statements based on variable costing for Year 2 and Year 3 Complete this question by entering your answers in the tabs below. Red A Year 2 Reg A Year 3 ReqB Reg D Req E Year 2 Req E Years Prepare income statements based on variable costing for Year 2. (Do not round intermediate calculations.) CAMPBELL MANUFACTURING Variable Costing Income Statement For the Year Ended Dec. 31. Year 2 ( Res D Reg Year 3 > Campbell Manufacturing pays its production managers a bonus based on the company's profitability. During the two most recent years, the company maintained the same cost structure to manufacture its products Year Units Produced Units sold 4,000 6,000 4.000 4.000 Production and Sales Year 2 Year 3 Cost Data Direct materials Direct labor Manufacturing overhead variable Manufacturing overhead-fixed Variable selling and administrative expenses Fixed selling and administrative expenses $ 13.10 per unit $ 23.10 per unit $ 10.00 per unit $ 106,300 $ 7.50 per unit sold $ 54, (Assume that selling and administrative expenses are associated with goods sold) Campbell sells its products for $108 20 per unit Required a. Prepare income statements based on absorption costing for Year 2 and Year 3 b. Since Campbell sold the same number of units in Year 2 and Year 3. why did oet income increase in Year 3? d. Determine the costs of ending inventory for Year 3 e. Prepare income statements based on variable costing for Year 2 and Year 3. Complete this question by entering your answers in the tabs below. Reg A Year 2 Reg A Year 3 Reg B Reg D Reg E Year 3 Reg E Year 2 Prepare income statements based on variable costing for Year 3. (Do not round intermediate calculations.) CAMPBELL MANUFACTURING Variable Costing Income Statement For the Year Ended Dec. 31, Year 3