Santana Rey expects sales of Business Solutions' line of computer workstation furniture to equal $300$ workstations $($at a sales price of $$3,600$ each$)$ for $2021.$ The workstations' manufacturing costs Include the following.

$02\mathrm{.}33\mathrm{.}59$Selling and administrative expenses for these workstations follow.VarlableFixed$$35$ per unit$$3,760$ per year

Santana is considering how many workstations to produce in $2021.$ She is confident that she will be able to sell any workstations in her $2021$ ending inventory during $2022$ However, Santana does not want to overproduce as she does not have sufficlent storage space for many more workstations.

Required:

Complete the following income statements using absorption costing.

Complete the following income statements using variable costing.

Which costing method, absorption or variable, yields the higher income when $320$ workstations are produced and $300$ are sold?

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

Required $1$

Required $2$

Required $3$

Which costing method, absorption or variable, yelds the higher income when $320$ workstations are$-$produced and $300$ are sold?

Which costing method, absorption or variable, yields the higher inooms when $320$ workstations are produced and $300$ are sold?

$2$

Santana Rey expects sales of Business Solutions' line of computer workstation fumiture to equal $300$ workstations $($at a sale: price of $$3,600$ each$)$ for $2021.$ The workstatons' manufacturing costs include the following.

$coser=40$

Dinct materials

$$78$ per un$$t

Dimet labor

$ $320$ per un$$t

Variable cverthead

$$8$S per un$$t

Fixnd overthad

$ $24,800$ poif year

Selling and administrative expenses for these workstations follow.

Variabla $$3$ per unit

fixad $$3,709$ per yoar

Santana is conaldering how many workstations to produce in $2021.$ She is confident that she will be able to sell ony workstations in her $2021$ ending inventory during $2022$ However. Santana does not want to overproduce as she coes not have sufficient storage space for many more workstation:

Required:

Complete the following income stotemente using socorpton cocting.

$2$ Complete the following income statements using variscle coatirg.

Which costing method, sbsorption or varisble, yleces the nigherincome wen $320$ worustatone are procuczd and $300$ are $=0$ do$?$

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

Bosuriva $1$

hecuind $2$

Wexurnel $3$

Complete the following incoma statements uing absorption oosting.

Ti$.$T$.$