Complete the following income statements using variable costing. Which costing method, absorption or variable, yields...
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Complete the following income statements using variable costing. Which costing method, absorption or variable, yields the higher income when 320 workstations are produced and 300 are sold? Santana Rey expects sales of Business Solutions' line of computer workstation furnlture to equal 300 workstatlons (at a sales price of $3,300 each) for 2021. The workstations' manufacturling costs Include the following. Selling and administrative expenses for these workstations follow. Santana is considering how many workstations to produce in 2021. She is confident that she will be able to sell any workstations in her 2021 ending Inventory durling 2022 However, Santana does not want to overproduce as she does not have sufficlent storage space for many more workstations. Required: 1. Complete the following Income statements using absorption costing. 2 Complete the following income statements using varlable costing. 3. Which costing method, absorption or varlable, ylelds the higher income when 320 workstations are produced and 300 are sold? (x) Answer is not complete. Complete this question by entering your answers in the tabs below. Complete the following income statements using absorption costing
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