Problem 11-23A (Algo) Absorption versus variable costing LO 11-4 Adams Manufacturing Company makes a product that sells for $75.60 per unit. Manufacturing costs for the product amount to $25.20 per unit variable, and $95,850 fixed. During the current accounting period, Adams made 4,500 units of the product and sold 4,100 units. Selling and administrative expenses were zero. Required a. Prepare an absorption costing income statement. b. Prepare a variable costing income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare an absorption costing income statement. (Do not round intermediate calculations.) ADAMS MANUFACTURING COMPANY Absorption Costing Income Statement Required A Required B. Problem 11-23A (Algo) Absorption versus variable costing LO 11-4 Adams Manufacturing Company makes a product that sells for $75.60 per unit. Manufacturing costs for the product amount to $25.20 per unit variable, and $95,850 fixed. During the current accounting period, Adams made 4,500 units of the product and sold 4,100 units. Selling and administrative expenses were zero. Required a. Prepare an absorption costing income statement. b. Prepare a variable costing income statement. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a variable costing income statement ADAMS MANUFACTURING COMPANY Variable Costing Income Statement