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Sunland Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the first year of operations Surland produced

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Sunland Company produces plastic that is used for injection-molding applications such as gears for small motors. In 2019, the first year of operations Surland produced 5,700 tons of plastic and sold 4,988 tons. In 2020, the production and sales results were exactly reversed. In each year, the selling price per ton was $2,400 variable manufacturing costs were 15% of the sales price of units produced, varlable selling expenses were 12% of the selling price of units sold fixed manufacturing costs were $3819,000, and fixed administrative expenses were $580.000 Prepare income statements for each year using variable costing SUNLAND COMPANY Income Statement Variable Costing $ >>>>>>>>>>> SUNLAND COMPANY Income Statement Variable Costing $ e Textbook and Media Prepare income statements for each year using absorption casting. SUNLAND COMPANY Income Statement Absorption Costing $ Prepare income statements for each year using absorption costing, SUNLAND COMPANY Income Statement Absorption Costing 5 V V SUNLAND COMPANY Income Statement Absorption Costing S V V V e Textbook and Media Reconcile the differences each year in net income under the two costing approaches 2019 2020 eTextbook and Media Save for Later Attempts of 3 used Submit

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