Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. Compute total product cost per unit using absorption costing for the following production levels: ( d ) 1,500 units, (b)1,800 units, and ( G ) 3.000 units. Required information [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. The company sells its product for $180 per unit. Compute contribution margin using variable costing assuming the company (a) produces and sells 1,500 units and (b) produces 1,800 units and sells 1,500 units. Sims Company began operations on January 1 . Its cost and sales information for this year follow. 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year using variable costing. Sales price 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year using variable costing. 1. Prepare an income stcilement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. Complete this question by entering your answers in the tabs below. Prepare an income statement for the year using absorption costing