$17$

Exercise $19-9($Algo$)$ Absorption costing and variable costing Income statements LO P$2$

$478$

Rey Compony's only product sells for $$234$ per unit. Dats for its first year of operations follow.

stobes

Dirket atisis

Uinet lator

Varlable overtiond

fixid overterd

thits producied and rolid

$ $23,36$ mer untit

$24\mathrm{.}5$de inite

Prepare on income statement for the year using absorption costing

Prepore on income ststement for the year using variable costing.

Complete this question by entering your answers in the tabs below.

Tithalket $1$

Wentied $2$

Theteres:

Frepare an income statement for the year uing absorption costing.