The manufacturing and selling data for Abracadabra Inc. for the year 2018 is given below: - Selling price $38 /unit --- Finished goods (beginning). 10720 units --- Production 86060 units --- Sales 79600 units Variable costs: - - - Manufacturing --- Selling and administrative $6 /unit $3/unit Fixed costs: --- Manufacturing --- Selling and administrative $301000/year $291000 /year Assuming costs per unit were consistent over the years in both the costing methods, prepare (a) Income statement using absorption costing. (b) Income statement using variable costing. (c) Reconciliation of net operating incomes (a) Absorption costing income statement Details $ numeric response text response text response text response text response text response numeric response numeric response numeric response numeric response numeric response text response text response text response text response numeric response numeric response numeric response numeric response Net Income . - - - 1 1IIriabla (b) Variable costing income statement Details text response text response $ $ numeric response text response text response text response text response numeric response numeric response numeric response numeric response numeric response text response numeric response numeric response text response text response text response text response numeric response numeric response numeric response numeric response text response - - - - - - - - - - - - - 1 - (c) Reconciling the net incomes Details Variable costing net income text response text response text response numeric response numeric response numeric response numeric response