Number of goggles produced Number of goggles sold Sales price per un Variable manufacturing cost per unit Sales commission cost per unit Fixed manufacturing overhead Fixed selling and administrative costs 210,000 165,000 32 14 4 ,260,000 130,000 The 2018 data that follow pertain to Dan's Dynomite Eyewear, a manufacturer of swimming goggles. (Dan's Dynomite Eyewear had no beginning Finished Goods Inventory in January 2018.) EE (Click the icon to view the data.) Read the requirements Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Dan's Dynomite Eyewear for the year ended December 31, 2018. (Round intermediary calculations to the nearest cent.) Begin by preparing Dan's Dynomite Eyewear's conventional (absorption costing) income statement for the year ended December 31, 2018 Dan's Dynomite Eyewear Income Statement (Absorption Costing) Year Ended December 31, 2018 Operating Income Prepare Dan's Dynomite Eyewear's contribution margin (variable costing) income statement for the year ended December 31, 2018 Dan's Dynomite Eyewear Income Statement (Variable Costing) Year Ended December 31, 2018 Operating Income Requirement 2. Which statement shows the higher operating income? Why? The | income statement shows the higher operating income. The operating income under Vcosting is higher because the units sold V The difference in operating income between the two income statements is attributable to the attached to the units Requirement 3. Dan's Dynomite Eyewear's marketing vice president believes a new sales promotion that costs $385,000 would increase sales to 200,000 goggles. Should the company go ahead with the promotion? Give your reasoning. The company promotion go ahead with the promotion because the additional Vthe additional cost of the