Frances Manufacturing manufactures a product that it will sell for $200 per unit. The company is looking to project its operating income for its first two years of operations. Cost information for the single product is as follows: 15 Coord no bns eunel sot fint efesh blogbus auto ot pinit big, botenby8 daM holatiniu m zsisz betoghud 880006 Ano ind i zols2 batsgbu8 you not atinu ni el botobu Direct materials per unit produced $40 Direct labor cost per unit produced $16 Variable manufacturing overhead (MOH) per unit produced $8 Variable operating expenses per unit sold $4 Total fixed manufacturing (MOH) $286,000 Total fixed operating expenses $81,000 Fishnup Jail sds ni itions be 101 beaubong ad eum adinu yom wor During its first year of operations, the company plans to manufacture 22,000 units and anticipates selling 15,000 of those units. During the second year of its operations, the company plans to manufacture 22,000 units and anticipates selling 27,000 units. It will have units in beginning inventory for the second year, from its first year of operations) Prepare an absorption costing income statement, and variable costing income statement for its first and second year of operations. Ar S Vali