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The 2018 data that folow pertain to Avs Awesome Eyewoar, a manufocturer of swimming goggles....

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Accounting

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The 2018 data that folow pertain to Avs Awesome Eyewoar, a manufocturer of swimming goggles. (Nrs Awesome Eyewear hud no beginnirg Finiahed Goods invortiory in January 2016 .) Fick the icen to vere the dais, Fenad the reguiremonts. (Found intermediary calculations to the nearest cont) Begin by preparing Ars. Awesome Eyewear's conventional (absorption costing) income staterment for the year anded December 31, 2018 Precaice Ass Awnsome Eycasar's contrbution margin (variable costing) income statement for the year ended December 31,2018 Prepare Ars Awesome Eyewears contribution mavgin (Vartable costing) income statement for the year ended Decomber 31, 2018 Requirement 2. Which statonent shows the higher operating income? Why? this hoome statement shows the higher operasing income. The operating income under costina is hicher bocause the unh sold The difference in operaling income between the two income statements is artibulable to the aitached to the units the promotion? Give your reasoning. The exennanv go ahead with ge promotion because the sddutional the addisional cost of the promotion. Data table

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