Rey Company's anly product sells for $$236$ per unit Data for ts finst year of operatione follow.

Dinct materials

Direct labor

Variable overtioad

Fixid overtherd

Variable solling and adeinistritive expenses

Fixid solling and adrinistrative experixes

thits producid and sold

$$4$ per unit

$38$ per unit

$\frac{?}{?}$& $4$ per unit

I $141,6$ad per yevr

$3sa$ per unit

$3246,600$ par yesir

$23,500$ units

Prepare an income statement for the year using abcorption corting

Prepare an income statement for the year using variable costing.

Complete this question by entering your answers in the tabs below.

fexturid $1$

Prepare an income statement for the year urinq absorption costinq$.$