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Stuart Manufacturing Company makes a product that sells for $74.30 per unit. Manufacturing costs for the product amount to $26.90 per unit variable, and $65,100

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Stuart Manufacturing Company makes a product that sells for $74.30 per unit. Manufacturing costs for the product amount to $26.90 per unit variable, and $65,100 fixed. During the current accounting period, Stuart made 3,100 units of the product and sold 2,600 units. Selling and administrative expenses were zero.

Required

  1. Prepare an absorption costing income statement.
  2. Prepare a variable costing income statement.

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Complete this question by entering your answers in the tabs below. Required A Required B Prepare a variable costing income statement. STUART MANUFACTURING COMPANY Variable Costing Income Statement 0 0 Complete this question by entering your answers in the tabs below. Required A Required B Prepare an absorption costing income statement. (Do not round intermediate calculations.) STUART MANUFACTURING COMPANY Absorption Costing Income Statement 0 $ 0

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