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please help. Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for this year follows. s

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Sims Company, a manufacturer of tablet computers, began operations on January 1, 2019. Its cost and sales information for this year follows. s 35 per unit 55 per unit Manufacturing costs Direct materials Direct labor Overhead costs Variable Fixed Selling and administrative costs for the year Variable Fixed Production and sales for the year Units produced Units sold Sales orice per unit $ 20 per unit 38,400,000 per year) $ 25,000 $4,250,000 105, 19.00 uniti 350 per unit 5 1. Prepare an income statement for the year using variable costing 2. Prepare an income statement for the year asing brorption costing Complete this question by entering your anwers in the tabs below. Required Required 1 Required 2 Prepare an income statement for the year using variable costing SIMS COMPANY Variable Costing Income Statement Sales Less Variable costs Variable overhead costs $11,550,000 Variable selling and administrative expenses 11,550,000 Direct materials (3,300,000) $ 11,250,000 19,800,000 Not income (los) Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare an income statement for the year using absorption costing. SIMS COMPANY Absorption Costing Income Statement Net income (loss) Required 1 Required 2 Prepare an income statement for the year using absorption costing. SIMS COMPANY Absorption Costing Income Statement Net income (loss)

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