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please help with both parts 1. 2. Baxtell Company manufactures and selis o single product. The following costs were incurted during the company's trist year

please help with both parts
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Baxtell Company manufactures and selis o single product. The following costs were incurted during the company's trist year of operations. During the year, the company produced 26,350 units and sold 22,000 units. The seling price of the companys product is $84 per uni 1. Assume that the company uses absorption costing Required: a. Compute the unit product cost. b. Prepare an income statement for the year. (Do not leave any empty spaces; input a 0 wherever it is required. 2. Assume that the company uses variable costing. a. Compute the unit product cost. b. Prepare an income statement for the year. (Do not leave any empty spaces; input a 0 wherever it is required.) Audiophonics Limited manufactures and sells high-quality and moulded to each customer's ear. Cost data for the product follow The product sells for $74 per unit. Production and sales data for May and June, the first two months of operations, are as follows Income statements prepared by the Accounting Department using absorotion concrima am presented below Required: 1. Determine the unit product cost under each of the following methods. input a 0 wherever. it is required.) 3. Reconcile the variable costing and absorption costing operating income figures. (Loss amounts should be indicoted with a minus sign.)

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