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The following data is from the Hedgehog company that manufactures and sells a single product. During the year the company produced 100,000 units and sold 95,000 units. The selling price per the Company's product is $35.00. Prepare an Income Statement using the Absorption Method. The following data is from the Hedgehog company that manufactures and sells a single product. These costs were incurred as of October 31,2020 : During the year the company produced 100,000 units and sold 95,000 units. The selling price per the Company's product is $35.00. Prepare an Income Statement using the Variable Method