Chapter 19 Homework 6 Help Save & Exit Submit Saved Check my work 3 Rey Company's single product sells at a price of $232 per unit. Data for its single product for its first year of operations follow. Direct materials Direct labor Overhead costs 36 per unit 10 polnts 44 per unit Variable overhead Fixed overhead per year 8 per unit Skipped S 255,090 per year 34 per unit 232,080 per year Selling and administrative expenses Variable Fixed cBook Units produced and sold 25,500 units Hint 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing. Print References Complete this question by entering your answers in the tabs below Required 1Required 2 Prepare an income statement for the year using absorption costing Mc Graw Hill Prev 3 of 5 Next >