Edit View History Bookmarks People Tab Window Help 29% Wed 8:19 arqu x / mynova - x NVCC :: Si X N Topic: Cor X Question : X Inbox (1,18 x M (no subjec Document X N Files ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F... ter 19 i Saved Help Save & Exit S Check my w Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for this year follows. Manufacturing costs Direct materials 40 per unit Direct labor 60 per unit 03:39:41 Overhead costs Variable S 20 per unit Fixed $8, 400, 000 (per year) Book Selling and administrative costs for the year Variable $ 750, 000 Hint Fixed $ 4 , 000 , 000 Production and sales for the year Print Units produced 105, 000 units Units sold 75, 000 units ferences Sales price per unit $ 360 per unit 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing