Question: per unit variable and $11,000 per year fixed. Though 25,000 units were produced during 2009 , only 21,000 units were sold. There was no beginning

per unit variable and $11,000 per year fixed. Though 25,000 units

per unit variable and $11,000 per year fixed. Though 25,000 units were produced during 2009 , only 21,000 units were sold. There was no beginning inventory. (a) Prepare a functional income statement using absorption costing. (Do not use negative signs with your answers.) (b) Prepare a contribution income statement using variable costing. (Do not use negative signs with your answers.)

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