Given the following information: Beginning Inventory (Units) Sales (Units) Manufactured (Units) Selling Price ($/unit) Variable Manufacturing Cost ($/unit) Total Fixed Manufacturing Costs ($) Variable Selling Cost ($/unit) Total Fixed SG&A Costs ($) Prior Year (Budget and Actual) 0 600,000 600,000 9.90 4.80 1,560,000 1.00 351,000 Current Year (Budget and Actual) ? 575,000 640,000 10.00 5.00 1,600,000 1.00 358,000 Other information: The manufacturer uses FIFO. All Variable costs are direct costs Required: A. Prepare an income statement for the Current Year based on Absorption Costing. B. Reconcile the difference in Net Income between Variable Costing and Absorption Costing for the current year. C. Near the very end of the fiscal year, the production manager noted that if Net Income increases by $200 they will get a big bonus. How can the production manager increase Net income using Absorption costing even though no additional units will be produced