Te company produced 1,200 units and sold 700 of them at $181.50 per unit. Assume that the production manager is paid a 3 per onus based on the company's net income. Required Prepare an income statement using absorption costing. . Prepare an income statement using variable costing. E. Determine the manager's bonus using each approach. Which approach would you recommend for internal reporting? Complete this question by entering your answers in the tabs below. Prepare an income statement using absorption costing. Prenare an income statement usino variable costino. Determine the manager's bonus using each approach. Which approach would you recommend for internal reporting? (Round your intermediate calculations and final answers to the nearest whole dollar amount.)