Question: | Additional Information a . Sales and production data for these first two years follow. b . Varlable costs per unlt and fixed costs per

|Additional Information
a. Sales and production data for these first two years follow.
b. Varlable costs per unlt and fixed costs per year are unchanged during these years. The company's $40 per unlt product cost
using absorption costing consists of the following.
c. Selling and administratlve expenses consist of the following.
Requlred:
Prepare income statements for each of these two years under varlable costing.
Note: Loss amounts should be entered with a minus sign.
|Additional Information a. Sales and production data for these first two

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