Prepare both conventional ( absorption costing and contribution margin (variable costing) income statements for Freedom Kurabra stuff for the year. Begin with the conventional (absorption Costing) income statement. Freedom Doui Streff Income statement (absorption Costing) For the December 31 Ended years Less less operating expenses 47 20 per unit of 8 Data table Sales $ price Variable manufacturing expense per unit & sales commission expense per 8 Fixes manufacturing overhead $ 2,820,000 Fixes operating expenses & 245,000 Number of googles produced 235,000 Member of googles sold 213,000 Requirements 1. Prepare both comentional (absorption Casting and contribution margin (variable Costing income statement for Freedom Dowd for year. which statement shows the higher operating income? the a 3. company marketing vice president believes new sales promotion that costs $ 155000 would increases sales to 235000 googles should the company go ahead with the promotions a your . Give reason