Dalton's Products manufactures a single product. Cost, sales, and production information for the company and its single product is as follows: More info - \\( \\quad \\) Selling price per unit is \\( \\$ 65 \\) - Variable manufacturing costs per unit manufactured (includes direct materials [DM], direct labor [DL], and variable MOH) \\$31 - Variable operating expenses per unit sold \\$2 - Fixed manufacturing overhead \\( (\\mathrm{MOH}) \\) in total for the year \\( \\$ 208,000 \\) - Fixed operating expenses in total for the year \\( \\$ 89,000 \\) - Units manufactured and sold for the year 13,000 units Requirement 1. Prepare an income statement for the upcoming year using variable costing. Dalton's Products Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Less: Less: Requirement 2. Prepare an income statement for the upcoming year using absorption costing. Dalton's Products Income Statement (Absorption Costing) For the Year Ended December 31 Less: Less