There is 3 PARTS please make sure you do ALL 3! Thanks

Frankie's Co, a manufacturer of tablet computers, began operations on January 1, 2017. Its cost and sales information for this year follows $ 35 per unit 55 per unit Manufacturing costa Direct materials Direct labor Overhead costs for the year Variable overhead Fixed ovechend Selling and administrative costs for the year Variable Fixed Production and sales for the year Unita produced tits sold Sales price per unit $4,400,000 56,600,000 $750,000 54,750,000 110.000 units 20,000 units 350 per unit 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() is reported income identical under both absorption costing and variable costing? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare an income statement for the year using variable costing, SIMS COMPANY Variable Costing Income Statement Required 1 Required 2 Required 3 Prepare an income statement for the year using absorption costing. SIMS COMPANY Absorption Costing Income Statement Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Under what circumstance(s) is reported income identical under both absorption costing and variable costing? Reported income identical under both