Yale Company manufactures hair brushes that sell at wholesale for $3 per unit. The company had no beginning inventory in 2009. These data summarize the 2009 and 2010 operations:

	2009		2010
Sales volume	1,800	units	2,200	units
Selling price per unit	$3.00		$3.00
Production volume	2,000	units	2,000	units
Production cost:
Factory—variable (per unit)	$0.60	per unit	$0.60	per unit
—fixed	$1,000		$1,000
Marketing—variable	$0.40	per unit	$0.40	per unit
Administrative—fixed	$500		$500
Beginning inventory	$0
Beginning inventory	0	units

Required
Prepare the following, using a spreadsheet.
1. An income statement for each year based on full costing.
2. An income statement for each year based on variable costing.
3. A reconciliation and explanation of the differences in the operating income resulting from using the full-costing method and variable-costingmethod.

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Required Prepare the following, using a spreadsheet 1.An income stat ement for each year based on full costing. 2. An income statement for each year based on variable costing. . A reconciliation and explanation of the differences in the operating income resulting from using the full costing method and variable costing method.