Rey Company's only product sells for $ 2 3 1 per unit Data for its first year of operations follow Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare an income statement for the year using absorption costing table REY COMPANY , Income Statement ( Absorption Costing ) , , , , , , , , , 0 , , Required 2 Rey Company's only product sells for $ 2 3 1 per unit Data for its first year of operations follow Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 4 3 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 3 3 per unit $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare an income statement for the year using absorption costing REY COMPANY Income Statement ( Absorption Costing Rey Company's only product sells for $ 2 3 1 per unit Data for its first year of operations follow Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 4 3 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 3 3 per unit $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing Complete this question by entering your answers in the tabs below Required 1 Require Prepare an income statement for the year using variable costing REY COMPANY table REY COMPANY , Income Statement ( Variable Costing ) Can you prepare income statements for both absorption and variable costing Thank you

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Rey Company's only product sells for $ 2 3 1 per unit  Data for its first year of operations follow  Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing  Complete this question by entering your answers in the tabs below  Required 1 Required 2 Prepare an income statement for the year using absorption costing    table     REY COMPANY   ,   Income Statement ( Absorption Costing ) ,   ,   ,   ,   ,   ,   ,   ,   , 0   ,   ,     Required 2 Rey Company's only product sells for $ 2 3 1 per unit  Data for its first year of operations follow  Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 4 3 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 3 3 per unit $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing  Complete this question by entering your answers in the tabs below  Required 1 Required 2 Prepare an income statement for the year using absorption costing  REY COMPANY Income Statement ( Absorption Costing Rey Company's only product sells for $ 2 3 1 per unit  Data for its first year of operations follow  Direct materials Direct labor Variable overhead Fixed overhead Variable selling and administrative expenses Fixed selling and administrative expenses Units produced and sold $ 3 5 per unit $ 4 3 per unit $ 9 per unit $ 2 8 6 , 0 0 0 per year $ 3 3 per unit $ 2 3 0 , 0 0 0 per year 2 6 , 0 0 0 units Prepare an income statement for the year using absorption costing Prepare an income statement for the year using variable costing  Complete this question by entering your answers in the tabs below  Required 1 Require Prepare an income statement for the year using variable costing  REY COMPANY   table     REY COMPANY   ,   Income Statement ( Variable Costing ) Can you prepare income statements for both absorption and variable costing  Thank you

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Rey Company's only product sells for $ 2 3 1 per unit. Data for its first year of operations follow. Direct materials Direct labor Variable

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