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please answer questions e through h gi Requirements X - X Data Table of 5 $ 0 1. Prepare two income statements for the year,

please answer questions e through h image text in transcribed
gi Requirements X - X Data Table of 5 $ 0 1. Prepare two income statements for the year, one using absorption costing and one using variable costing Use those statements to answer the following questions What is the product cost per unit using absorption costing? b. What is the product cost per unit using variable costing? What is the ending inventory balance using absorption costing? d. What is the ending invertory balance og variable conting? What is cost of goods sold sing sophion conting? What is cost of goods sold in variable costing? What is operating income using absorption costing? What is operating come using variable costing 2. What is the underlying reason for the difference in operating income between the two costing methods? Selling price per unit 47.00 Direct material per unit 19.00 Direct labor per unit 5 7.00 Total annual manufacturing overhead $ 242.000 Fixed portion of annual manufacturing overhead 5 220,000 Variable operating expenses per unit sold.....5 2.00 Foed operating expenses per year in total $ 49.000 Units manufactured 22.000 Units sold 17 000 mo du dind ind go Print Done Print Done the bond then chockanowe

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