Variable and Absorption Costing Scott Manufacturing malesony one product with total unit manufacturing costs of $59. of which 561 is variable. No units were on hand at the beginning of 2015. During 2015 and 2016 the only product manufactured was sold for 993 per unit and the cast structure did not change. Scott uses the firstin, fest-out inventory method and has the following production and sales for 2015 and 2016 Units Manufactured On Sold 2015 120.000 2016 00000000 Prepare gross profe computations for 2015 and 2016 usnic absorption costine Do not use neative with your Absorption Com Couto Denne Production Goodwie Costa b. Prepare gross profil computations for 2015 and 2016 using variable costeg Do not use negative signs with your answers Variable Coming 2010 Variable cont of the Bennington Products Goochvalatie Les dirigenter COLOR Being inventory Goods waratie Less Ending water Cost of goods sold Grotere b. Prepare gross profit computations for 2015 and 2016 using variable costing Do not use negative signs with your answers variable Costing 2016 Vio tegning Inventory Gosti Ledgertory we cost of goods forma Ordre C. Bagkain how your answers illustrate the impact of differences between production and sales volumes on the gross profits reported each year under absorption and variable casting Select the most appropriate statement De production volume exceeds sales volume, the absorption costing post profit will be higher than the variabile costing gross profile Ortsates volume exceeds production volume, the absorption costing gross profit will be higher than the variable conting gross profit. Off production volume exceeds sales volume, the variable costing gross profit will be higher than the absorption costing gross profit Orsales volume exceeds production value, the variable costine dross profit will be hower than the absorption costing prosa pront. Chec