O'Brien's Products manufactures a single product. Cost, sales, and production information for the company and its single product is as follows: (Click the icon to view the data.) Read the requirements. More Info Requirement 1. Prepare an income statement for the upcoming year using variable O'Brien's Products Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Loss . Selling price per unit is $54 Variable manufacturing costs per unit manufactured (includes direct materials (DM), direct labor (DL), and variable MOH) $26 Variable operating expenses per unit sold $4 Fixed manufacturing overhead (MOH) in total for the year $110,000 Fixed operating expenses in total for the year $86,000 Units manufactured and sold for the year 11,000 units . Less: Print Done Requirement 2. Prepare an income statement for the upcoming year using absorption costing Choose from any list or enter any number in the input fields and then continue to the next question. O'Brien's Products manufactures a single product. Cost, sales, and production information for the company and its single product is as follows: (Click the icon to view the data) Read the requirements Less: More Info Requirement 2. Prepare an income statement for the upcoming year using absorptio O'Brien's Products Income Statement (Absorption Costing) For the Year Ended December 31 Selling price per unit is $54 Variable manufacturing costs per unit manufactured (includes direct materials (DM), direct labor (DL), and variable MOH) $28 Variable operating expenses per unit sold 54 Fixed manufacturing overhead (MOH) in total for the year $110,000 Fixed operating expenses in total for the year $86,000 Units manufactured and sold for the year 11,000 units Less Print Done Less: Choose from any list or enter any number in the input fields and then continue to the next