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Santana Rey expects sales of Business Solutions' line of computer workstation furniture to equal 300 workstatic $3,700 each) for 2021 . The workstations' manufacturing costs

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image text in transcribed Santana Rey expects sales of Business Solutions' line of computer workstation furniture to equal 300 workstatic $3,700 each) for 2021 . The workstations' manufacturing costs include the following. Selling and administrative expenses for these workstations follow. Santana is considering how many workstations to produce in 2021. She is confident that she will be able to sell 2021 ending inventory during 2022. However, Santana does not want to overproduce as she does not have suf for many more workstations. Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 workstations are produ Complete the following income statements using variable costing. Santana Rey expects sales of Business Solutions' line of computer workstation furniture to equal 300 workstatic $3,700 each) for 2021 . The workstations' manufacturing costs include the following. Selling and administrative expenses for these workstations follow. Santana is considering how many workstations to produce in 2021. She is confident that she will be able to sell 2021 ending inventory during 2022. However, Santana does not want to overproduce as she does not have suf for many more workstations. Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 workstations are produ Complete the following income statements using variable costing

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