Just need help with requirement 2 please. fill out variable costing blanks. thank you!!

Albany, Inc., planned and actually manufactured 230,000 units of its single product in 2020, its first year of operation. Variable manufacturing cost was $18 per unit produced. Variable operating (nonmanufacturing) cost was $8 per unit sold. Planned and actual fixed manufacturing costs were $690,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $400,000. Albany sold 130,000 units of product at $37 per unit Read the requirements. 1 x X Requirements 1. Albany's 2020 operating income using absorption costing is (a) $640,000, (b) $340,000, (c) $740,000, (d) $1,040,000, or (e) none of these. Show supporting calculations. 2. Albany's 2020 operating income using variable costing is (a) $1,030,000, (b) $640,000, (c) $340,000, (d) $740,000, or (e) none of these. Show supporting calculations. $ 0 Requirement 1. Albany's 2020 operating income using absorption costing is (a) $640,000, (b) $340,000, (c) $740,000, (d) $1,040,000, or (e) none of these. Show supporting calculations. Begin by selecting the labels used in the absorption costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operating income in the next step. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) Absorption costing Revenues $ 4,810,000 Cost of goods sold: Beginning inventory Variable manufacturing costs 4,140,000 Allocated fixed manufacturing costs 690,000 Cost of goods available for sale 4,830,000 Deduct ending inventory (2,100,000) Cost of goods sold 2,730,000 Gross margin 2,080,000 Variable operating costs 1,040,000 Fixed operating costs 400,000 Operating income Albany's 2020 operating income using absorption costing is WA $640,000. B. $340,000 Requirement 2. Albany's 2020 operating income using variable costing is (a) $1,030,000, (b) $640,000, (c) $340,000, (d) $740,000, or (e) none of these. Show supporting calculations. Begin by selecting the labels used in the variable costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operating income in the next step. (For amounts with a $0 balance, make sure to enter "O" in the appropriate cell.) Variable costing Operating income Allocated fixed manufacturing costs Beginning inventory Contribution margin g variable costing Cost of goods available for sale ing calculation of a .) Deduct ending inventory Fixed manufacturing costs Fixed operating costs Gross margin Revenues Variable cost of goods sold Variable manufacturing costs Variable operating costs Operating income Help Me Solve This e Text Pages Get More Heln