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Please ignore the old numbers. please help me with the numbers given in the data table and answering all the questions on each step Noble

Please ignore the old numbers. please help me with the numbers given in the data table and answering all the questions on each step image text in transcribed
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Noble Industries has one product. Information about the production and sales of that product for the past year follow. (Click the icon to view the data.) The company had no beginning inventory. Read the reguirements. Requirement 1. Prepare two income statements for the year, one using absorption costing and one using variable costing. Begin by preparing the income statement for the year using absorption costing. Data table Now prepare the income statement for the year using variable costing. Queen Industries Contribution Margin Income Statement (Variable Costing) Use the statements you prepared to answer the following questions: 1a. What is the product cost per unit using absorption costing? 1b. What is the product cost per unit using variable costing? 1c. What is the ending inventory balance using absorption costing? 1d. What is the ending inventory balance using variable costing? 1e. What is cost of goods sold using absorption costing? 1f. What is cost of goods sold using variable costing? 1g. What is operating income using absorption costing? 1h. What is operating income using variable costing

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