I have the answers but i csnt remember how I got to them, please explain the steps, thank you!

ABSORPTION COSTING AND VARIABLE COSTING EXAMPLE: Laurens Incorporated began operations this year. The company manufactured 22,000 units of its product and sold 20,000 units. Each unit sold for $100. The costs to produce these units were as follows: ABSORPTION COSTING INCOME STATEMENT: Fixed overhead costs are treated as a product (manufacturing) cost and can be included in inventory. This is the acceptable method accordina to GAAP. VARIABLE COSTING INCOME STATEMENT: All fixed costs are treated as a period cost and will be expensed in the current year. This is the acceptable method for decision making using managerial accounting methods. If units manufactured are greater than units sold, Absorption Income > Variable Income If units manufactured are less than units sold, Absorption Income