The 2018 data that follow pertanto Ars Awesome Eyewear, a manufacturer of swimming pooples Is Awesome Eyewear had no beginning Finished Goods Inventory in January 2018) Click the icon to view the data) Read the recent Requirement 1. Prepare both conventional (sorption costing and contribution margin (variabile conting) income statements for Ars Awesome Eyewear for the year ended December 31, 2018. (Round intermediary calculations to the nearest cent) Begin by preparing Als Awesome Eyewear's conventional (absorption colding income statement for the yew ended December 31, 2018 Data Table - X Ars Awesome Eyewear Income Statement(Absorption Costing Year Ended December 31, 2018 Number of goggles produced 190 000 Number of goggles 145 000 Sales price per 20 Variable manufacturing cost per Sales commission cost per un Fredianing overhead 950.000 Operating income Fred Being and antive cost 160.000 1 Choose from any store any number in the inputtes and then continue to the next question Print Done The 2018 data that follow pertain to Ars Awesome Eyewear, a manufacturer of swimming goggles (N's Awesome Eyewear had to beginning Finished Goods Inventory in January 2018) Click the icon to view the data) Read the guests Data Table -X Operating Income Prepare Als wesome Eyewear's contribution margin (variable conting income statement for the year ended December 31, 2018 Als Awesome Eyewear Income Statement Variable Costing Year Ended December 31, 2018 10 DO $ Number of goggles produced Number of Sales priceperunt Variable manufacturing content Sales commission copert Pored mandachuring overhead Feedseling and administrative cons 145.000 26 9 1 950 000 160.000 Opera income Choose from any store any number in the inputs and men continue to the next question Print Done Requirement 2. Which statement shows the higher operating income? Why? The Income statement shows the higher operating income. The operating income under costing is higher because the units sold The difference in operating income between the two income statements is attributable to the attached to the units Requirement). Als Awesome Eyewear's marketing vice president believes a new sales promotion of cost 100,000 would increase sales to 165.000 goggles Should the company go ahead with the promotion? Give your reasoning The company go ahead with the promotion because the additional the additional cost of the promotion Choose from any ist or enter any number in the inputtelds and then continue to the next