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Smith \& Johnson Industries makes artificial Christmas trees. The unit costs for producing a tree are: The compary also incurs $1 per tree in variable selling and administrative costs and $3,000 in fuxed marketing costs. At the beginning of the year, the company had 800 trees in the beginning Finished Goods Inventory. The company produced 2.000 trees during the year. Sales totaled 1,400 trees at a price of $100 per tree, (a) Based on absorption costing, what was the company's operating income for the year? Company's operating income (b) Based on variable costing, what was the company's operating income for the year? Company's operating income (c) Assume that in the following year the company produced 2,000 trees and sold 2,400. Based on absorption costing, what was the operating income for that year? Based on variable costing. what was the operating income for that year? The following data was prepared by the Sunland Company. Under absorption costing. what is the cost of goods sold? (Round cost per unit to 2 decimal places, eg. 2.52 and final answer to 0 decimal ploce, es 2,152.) Cost of goods sold d) Under variable costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, e. 2.52 and final answer to 0 decimal place, es. 2, 152.) Cost of goods sold