Sims Company began operations on January $1.$ the cost and sales information for this year follow.

Dinkt materials

Dinet litwer

variable overthed

Find overthed

variable selling and adiunistrative expenses

Flxod selling and adinistritive expentes

Units producid

Wits rald

Sales arice

Prepare an income statement for the year using variable costing.

$2$ Prepare on income ststement for the year using absorption costing.

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Andilind $1$

Werint $2$

Prepare an income statement for the year ueing variable costing.