Prepare an income statement for the upcoming year using variable costing.
2.	Prepare an income statement for the upcoming year using absorption costing.
3.	What causes the difference in income between the two methods?

Homework: Week 4 Homework (graded) Score: 0 of 10 pts S6-16 (similar to) 4 of 6 (2 complete) Amber Manufacturing manufactures a single product Cost, sales, and production antormation for the c (Click the icon to view the data.) Read the requirements Requirement 1. Prepare an income statement for the upcoming year using variable costing More Into L X Amber Manufacturing Contribution Margin Income Statement (Variable Costing) For the Year Ended December 31 Sales price per unit $5 .Vaiable manufacturing costs per unit manufactured (DM. DL and . Variable operating expenses per unit sold $4 r Fiwed manufacturing overhead (MOH) in total for the year $192,000 aniable MOH) S27 Less IFixed operating expenses in total for the year $49.000 Units manufactured during the year 16,000 units Units sold during the year 13,000 units Less: Print Done Choose from any list or enter any number in the input fields and then click Check Answer Clear All parts