The jonas company sells its razors at 3 per unit.The company incurs fixed manufacturing overhead cost of 720,000 each year to support production of 1,800,000 so that the fixed manufacturing overhead cost per unit equals 0.40. prepare income statements based on variable costing for each 2 years. begin with the account labels for a variable costing income statement, then enter 2012 information, finally enter the 2013 information. and then prepare income statement based on absorption costing for each of 2 years.all nymbers are in thousands.

2012 2013

sales 1,100 units 1,200 units

production 1,800 units 1,100 units

cost

variable manufacturing $720 $440

fixed manufacturing 720 720

variable operating(marketing) 1,300 1,200

fixed operating marketing 750 750

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