Hi can i please get help from this please?

(CFO) will use your recommendation to prepare Montre's 2020 income statement. The following data are for the year ended December 31 , 2020: (Click the icon to view the data.) (Click the icon to view the assumptions.) Read the requirements. Operating income (loss) variances as favorable (F) or unfavorable (U).) Data table Assumptions Assume standard costs per unit are the same for units in beginning inventory and units produced during the year. Also, assume no price, spending, or efficiency variances. Any production-volume variance is written off to cost of goods sold. Requirements 1. Prepare income statements under variable and absorption costing for the year ended December 31, 2020. 2. What is Montre's operating income as percentage of revenues under each costing method? 3. Explain the difference in operating income between the two methods. 4. Which costing method would you recommend to the CFO? Why