please help me out. its one question but it has parts. ghumps ip later on.

Sims Company, a manufacturer of tablet computers, began operations on January 1, 2017, its cost and sales information for thls year follows. 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. 3. Under what circumstance(s) is reported income identical under both absorption costing and variable costing? Complete this question by entering your answers in the tabs below. Prepare an income statement fol r the year using variable costing. Prebare an income statement for the vear usinn variahla cnetinn Complete this question by entering your answers in the tabs below. Prepare an income statement for the year using absorption costing. Sims Company, a manufacturer of tablet computers, began operations on January 1, 2017. Its cost and sales informati follows: 1. Prepare an income statement for the year using variable costing. 2. Prepare an income statement for the year using absorption costing. 3. Under what circumstance(s) is reported income identical under both absorption costing and variable costing? Complete this question by entering your answers in the tabs below. Under what circumstance(s) is reported income identical under both absorntinn metinniand