Turbos Online 20 8 ellock Santana Rey expects sales of Business Solutions line of computer workstation furniture to equal 300 workstations at a sales price of $3,800 each) for 2021. The workstations' manufacturing costs include the following Direct materials Variable overhead Fed over $ 760 per unit 5370 per unit 570 per unit $ 28,000 per year Selling and administrative expenses for these workstations follow Variable $30 per unit $3,700 per year Santana is considering how many workstations to produce in 2021. She is confident that she will be able to sell any workstations in her 2021 ending inventory during 2022. However, Santana does not want to overproduce as she does not have sufficient storage space for many more workstations Required 1. Complete the following income statements using absorption costing 2. Complete the following income statements using variable costing 3. Which costing method absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Complete this question by entering your answers in the tabs below. Requ Required 2 Required 3 Complete the following come statements using absorption costing. Product cost per unit-Absorption casting Production volume 300 320 workstations workstations Deed man 760 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete the following income statements using absorption costing. Production volume 300 320 Product cost per unit-Absorption costing workstations workstations Direct materials per unit $ 760 Direct labor per unit 370 Fixed overhead per unit Variable overhead per unit Product cost per unit-Absorption costing $ 1,130 Number of workstations sold Total cost of goods sold BUSINESS SOLUTIONS Income Statements (Absorption Costing) Sales volume-300 Workstations ere to search ii 21 C Production volume 300 workstations 320 workstations 0 $ 0 $ 0 Requir Required 2 > C Required 1 Required 2 Required 3 Complete the following income statements using variable costing. BUSINESS SOLUTIONS Income Statements (Variable Costing) Production volume (units) Sales volume (units) 300 workstations 320 workstations 300 workstations 300 workstations 0 $ < Required 1 Required 3 > 0 Required: 1. Complete the following income statements using absorption costing. 2. Complete the following income statements using variable costing. 3. Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and E Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? < Required 2 Required 3