Security Technology Incorporated $($STh$)$ is a manufacturer of an electronic control system used in the manufacture of certain special. duty auto transmissions used primarly for police and milltary applcations. The part sells for $$46$ per unit and STI had sales of $24,850$ units in the current year, $2021.$ STI had no inventory on hand at the beginning of $2021$ and is projecting sales of $28\mathrm{.}550$ units in $2022.$ STI is planning the same production level for $2022$ as in $2021,26700$ units. The variable manufacturing costs for STI are $$17,$ and the variable selling costs are only $$0\mathrm{.}80$ per unit. The fiwed manufacturing costs are $$160,200$ per year, and the fwoed selling costs are $$670$ per year.

Required:

Prepare an income statement for each year using full cesting.

Prepare an income statement for each year using variable costing.

Prepare a reconciliation of the difference each year in the operating income resulting from the full and variable costing methods.

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

Prepare an income statement for each year using variable costing. $($Round your final answers to nearest whole dollar amount.$)$

Security Technology Incorporated $($STh$)$ is a manufacturer of an electronic control system used in the manufacture of certain special. duty auto transmissions used primarly for police and military applcations. The part sells for $$46$ per unit and STI had sales of $24,850$ units in the current year, $2021$ SII had no inventory on hand at the beginning of $2021$ and is projecting sales of $28\mathrm{.}550$ units in $2022.$ STI is planning the same production level for $2022$ as in $2021,26\mathrm{.}700$ units. The variable manufacturing costs for STI are $$17,$ and the variable selling costs are only $$0\mathrm{.}80$ per unit. The fiwed manufacturing costs are $$160,200$ per year, and the fowed seiling costs are $$670$ per year.

Required:

Prepare an income statement for each year using full costing.

Prepare an income statement for each year using variable costing.

Prepare a reconciliation of the difference each year in the operating income resulting from the full and variable costing methods.

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

foupuried $2$

Prepare a recondiliation of the difference each year in the operating income resulting from the full and variable costing methods. $($Negative amounts should be indicated by a minus sign. Do not round intermedlate caloulations. Round your "Fixed owerhead rate" answers to $2$ docimal places, and other final answers to nearest whole dollar amount.$)$

$\backslash$table$[[$SECUPIY TECHNOLOCY NCORPORATED$],[\backslash$table$[[$Roconciling Ditfertrice in Operating lincome$],[$Between Full and Voriable Coating$]]],[,2621,2022],[$Change in imwombry in units$],[$Mulipty simes fowed overhead rare$],[$Drofence in aperajne income,$$1,9]]$

Security Technology Incorporated $($STh$)$ is a manufacturer of an electronic control system used in the manufacture of certain special. duty auto transmissions used primarly for police and milltary applcations. The part sells for $$46$ per unit and STI had sales of $24,850$ units in the current year, $2021.$ STI had no inventory on hand at the beginning of $2021$ and is projecting sales of $28\mathrm{.}550$ units in $2022.$ STI is planning the same production level for $2022$ as in $2021,26700$ units. The variable manufacturing costs for STI are $$17,$ and the variable selling costs are only $$0\mathrm{.}80$ per unit. The fiwed manufacturing costs are $$160,200$ per year, and the fwoed selling costs are $$670$ per year.

Required:

Prepare an income statement for each year using full cesting.

Prepare an income statement for each year using variable costing.

Prepare a reconciliation of the difference each year in the operating income resulting from the full and variable costing methods.

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

Prepare an income statement for each year using variable costing. $($Round your final answers to nearest whole dollar amount.$)$