lime: Problem 1 (75 points) Bruster Company manufactures and sells MP3 players for $66 each. The beginning balance of finished goods was 0. During 20X9, the production level is 25,000 units, although only 20,000 units are sold. The company allocated the fixed over using current year's production level as a denominator. The following cost data are for the year ended December 31, 20X9 Direct materials Direct manufacturing labor Variable overhead costs Total fixed overhead costs Variable marketing expenses Total fixed administrative expenses $60,000 for the year $12.00 per MP3 player produced $18.00 per MP3 player produced $9.00 per MP3 player produced $180,000 for the year $6.00 per MP3 player sold, Required: Prepare an income statement using absorption costing. (25 points) Prepare an income statement using variable costing. (25 points) Prepare an income statement using throughput costing. (25 points) a. b. c