Prepare income statements under absorption costing and variable costing. E8.17 (LO 1) Asian Windows manufactures a hand-painted bamboo window shade for standard-size windows. Production and sales data for 2022 are as follows: Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Selling price Units produced Units sold $40 per shade $100,000 $9 per shade $250,000 $90 per shade 10,000 shades 8,500 shades Instructions a. Prepare an income statement using absorption costing. b. Prepare an income statement using variable costing. Calculate the product onet and pronare an income statement under wariahle oosting