Dirt Free Company manufacturers professional grade Vacundone and began operation in 2020. For 2020, Out Free budgeted to produce and well 21000 unit. The company had no presenting of noy variances and wes of production volume to cost of goods. Actual data for 2020 we given anfolows Micke icon to view the old for 2020 Read the Data Table Requirement 1. Prepare a 2020 income statement for Free Crying coating Complete the top hat of the come statement first rencontre bottom portion or amount with a b Variatie Coating 1 un produced 18.000 evenues 604000 2 Unte 15.500 Variable cost of goods sold 3 Serie 420 Beginning inventory 0 4 Variable costs Variable manufacturing costa 434000 5 Mandaching cost punt produced Cost of goods alt for an 7704000 0 Direct manale 20 Deductonding relay 1070000 7 Duct marcaturing of 27 Vanatie cost of goods sold 0034000 Maractering van 54 Variable mawing costs 03022000 Manting compruntsid 15 10 Focos 11 Manuting.com 5.1.134,000 12 Administrative costs 885,600 13 Marketing costs +421.000 Grossman Print Done Help Me Solve This e Text Pages Get More Help Clear All Check Answer 1. Prepare a 2020 income statement for Dirt Free Company using variable costing. 2. Prepare a 2020 income statement for Dirt Free Company using absorption costing. 3. Explain the differences in operating incomes obtained in requirements 1 and 2. 4. Dirt Free's management is considering implementing a bonus for the supervisors based on gross margin under absorption casting. What incentives will this bonus plan create for the supervisors? What modifications could Dirt Free management make to improve such a plan? Explain briefly