Yale Company manufactures hair brushes that seil at wholesale for $3 per unit. The company had no beginning inveritory in the prior year. These data summarize the current and pror year operations: Required: 1. Prepare an inconie statement for each year based on full costing 2 Prepare an income statement for each year based on vartable costing. 3. Prepare a reconcilation of the difference each year in the operating income resulting from using the full costing method and variabie costing method. Prepare an income statement for each year based on variable costing. (Enter your answers in thousands of dollars.) Yale Company manufactures hair brushes that seil at wholesale for $3 per unit. The company had no beginning inveritory in the prior year. These data summarize the current and pror year operations: Required: 1. Prepare an inconie statement for each year based on full costing 2 Prepare an income statement for each year based on vartable costing. 3. Prepare a reconcilation of the difference each year in the operating income resulting from using the full costing method and variabie costing method. Required 1 Required 3 Prepare an income statement for each year based on variable costing. (Enter your answers in thousands of dollars.) Required 1 Required 3 Prepare an income statement for each year based on full costing. (Enter your answers in thousands of dollars.) Yale Company manufactures hair brushes that sell at wholesale for $3 per unit. The company had no beginning inventory in the prior year. These data summarize the current and prior year operations: Required: 1. Prepare an income statement for each year based on full costing 2. Prepare an income statement for each year based on yariable costing 3. Prepare a reconciliation of the difference each year in the operating income resulting from using the full costing method and variable costing method Complete this question by entering your answers in the tabs below. Prepare an income statement for each year based on variable costing. (Enter your answers in thousands of doilaris.) Prepare an income statement for each year based on full costing. (Enter your answers in thousands of dollars.)