first 2 pictures is the question 2nd two is the choices for the income statement. chapter 19 question 7

He 7 Exercise 19-5 Absorption costing and variable costing income statements LO P2 1.53 points Rey Company's single product sells at a price of $235 per unit. Data for its single product for its first year of operations follow. Skipped $ $ 39 per unit 47 per unit eBook Direct materials Direct labor Overhead costs Variable overhead Fixed overhead per year Selling and administrative expenses Variable Fixed Units produced and sold $ 5 per unit $ 168,000 per year Hint Print $ 37 per unit $ 238,000 per year 24,000 units References 1. Prepare an income statement for the year using absorption costing 2. Prepare an income statement for the year using variable costing. Question Viewer Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare an income statement for the year using variable costing. Required 1 Required 2 1.53 points Prepare an income statement for the year using absorption costing. Skipped REY COMPANY Absorption Costing Income Statement eBook Hint Print References Que Net income (loss) Required 2 7 Required 1 Required 2 Prepare an income statement for the year using variable costing. REY COMPANY ipped Variable Costing Income Statement Book Hint rint rences Question Viewer 0 0 Net income (loss)