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Comprehensive Problem: Absorption vs. Variable Costing (26 points) The Autumn Harvest Corporation began operations on January 2, 2009. Product and sales for the company's first

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Comprehensive Problem: Absorption vs. Variable Costing (26 points) The Autumn Harvest Corporation began operations on January 2, 2009. Product and sales for the company's first 3 years of operation as are follows: The selling price in all three years is $4.00 per unit. The cost structure in all three years is the same, as follows: The company uses FIFO to assign costs to its inventories. You may assume that Autumn Harvest has a year-end date of December 31 . 1. Prepare, in good form, (to include a proper heading), an Income Statement for the year 2021 using Absorption Costing. (10 points Remember you must include a COGS Schedule to receive full credit

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