Completion Status: QUESTION 7 10 points Save Answer Bahrain Manufacturing Company just started operations and sells its products for $17 each. Budgeted and actual production is 25,000 units. Sales are 20,000 units There is no beginning inventory, and Ending inventory is 5,000 units. The following additional information is available: Unit manufacturing costs are: Direct materials Direct manufacturing labor Variable manufacturing costs Total fixed manufacturing costs Fixed marketing expenses Marketing expenses Required: $3.00 $4.50 $2.25 $90,000 $10,000 $2.00 per unit sold a) Prepare an income statement using absorption costing. b) Prepare an income statement using variable costing. c) Explain the difference in income between variable and absorption costing. Click this link Answer Template and enter your answers. After that you should be able to save your work in the excel template and then UPLOAD it in the answer section below. For the toolbar. press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 14px Click Save and Submit to save and rubmit. Click Save All Answers to save all answers EA LIX Save All Answe Close Windo Save and Submit