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Vernon Manufacturing Company makes a product that sells for $74.10 per unit. Manufacturing costs for the product amount to $25.80 per unit variable, and $72,270

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Vernon Manufacturing Company makes a product that sells for $74.10 per unit. Manufacturing costs for the product amount to $25.80 per unit variable, and $72,270 fixed. During the current accounting period, Vernon made 3,300 units of the product and sold 2,700 units. Selling and administrative expenses were zero. Required a. Prepare an absorption costing income statement. b. Prepare a variable costing income statement Complete this question by entering your answers in the tabs below. Required A Required B Prepare an absorption costing income statement. (Do not round intermediate calculations.) VERNON MANUFACTURING COMPANY Absorption Costing Income Statement Complete this question by entering your answers in the tabs below. Required A Required B Prepare an absorption costing income statement. (Do not round intermediate calculations.) VERNON MANUFACTURING COMPANY Absorption Costing Income Statement Required B > Required A Required B Prepare a variable costing Income statement. VERNON MANUFACTURING COMPANY Variable Costing Income Statement 7 TO 1 Required A

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