The 2018 data that follow pertain to Al's Awesome Eyewear, a manufacturer of swimming goggles. (Al's Awesome Eyewear had no beginning Finished Goods Inventory in January 2018.) :: (Click the icon to view the data.) Read the requirements . 180,000 Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Al's Awesome Eyewear for the year ended December 31, 2018. (Round intermediary calculations to the nearest cent.) Begin by preparing Al's Awesome Eyewear's conventional (absorption costing) income statement for the year ended December 31, 2018. Al's Awesome Eyewear Data table Income Statement (Absorption Costing) - X Requirements Year Ended December 31, 2018 Number of goggles produced Number of goggles sold 1. Prepare both conventional absorption costing) and contribution margin (variable costing) income statements for Al's Awesome Eyewear for the year Sales price per unit ended December 31, 2018 Variable manufacturing cost per unit 2. Which statement shows the higher operating income? Why? 3. Al's Awesome Eyewear's marketing vice president believes new sales Sales commission cost per unit Operating Income promotion that costs $275,000 would increase sales to 175,000 goggles. Fixed manufacturing overhead Should the company go ahead with the promotion? Give your reasoning. Fixed selling and administrative costs 150,000 $ 30 9 4 1,620,000 270,000