Wayne Frederick expects sales of Bison Business Solutions's line of computer workstation furniture to equal 300 workstations at a sales price of $3,500 each) for 2021. The workstations manufacturing costs include the following Direct materials $ 740 per una Direct labor S350 per unit Variable overhead 50 per unit Fixed overhead $10,200 per year The selling expenses related to these workstations follow Variable selling expenses Fixed selling expenses 5 as per unit $3,800 per year Wayne Frederick is considering how many workstations to produce in 2021. He is confident that he will be able to sell any workstations in his 2021 ending inventory during 2022. However Wayne Frederick does not want to overproduce as he 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 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the following income statements using absorption costing Production Volume 300 220 workstation workstations Cost of goods sold