Hi, I need help

Question Help 1&- The 2018 data that follow pertain to Frank's Fantastic Eyewear, a manufacturer of swimming goggles. (Frank's Fantastic Eyewear had no beginning Finished Goods inventory in January 2018.) a (Click the icon to view the data.) Read the @uirements. Requirement 1. Prepare both conventional (absorption costing) and contribution margin (variable costing) inoome statements for Frank's Fantastic Eyewear for the year ended December 31, 2018. (Round intermediary calculations to the nearest cent) Begin by preparing Frank's Fantastic Eyewear's conventional (absorption costing) income statement for the year ended December 31, 2018. Net Sales Revenue Cost of Goods Sold Gross Prot Selling and Administrative Costs Operating Income Prepare Frank's Fantastic Eyewear's contribution margin (variable costing) Income : WH Net Sales Revenue Variable Costs Contribution Margin Fixed Costs Operating Income 0 Data Table Number of goggles produced 190,000 Number of goggles sold 145,000 Sales price per unit 30 Variable manufacturing cost per unit 12 Sales commission cost per unit 5 Fixed manufacturing overhead 1,330,000 Fixed selling and administrative costs 160,000 Requirements - X . Which statement shows the higher operating income? Why? Prepare both conventional (absorption costing) and contribution margin (variable costing) income statements for Frank's Fantastic Eyewear for the year ended December 31, 2018. Frank's Fantastic Eyewear's marketing vice president believes a new sales promotion that costs $220,000 would increase sales to 165,000 goggles' Should the company go ahead with the promotion? Give your reasoning