Can't fiqure out 2B also COGS for 1B

During the year, the company produced 31,000 units and sold 21,000 units. The selling price of the company's product is $44 per uni Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year. Assume that the company uses variable costing During the year, the company produced 31,000 units and sold 21,000 units. The selling price of the company's product is $44 per uni Required: 1. Assume that the company uses absorption costing: a. Compute the unit product cost. b. Prepare an income statement for the year. 2. Assume that the company uses variable costing: a. Compute the unit product cost. b. Prepare an income statement for the year. Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year. Assume that the company uses variable costing