In need of assistance of help with Accounting Homework.

 ATTACHMENT PREVIEW Download attachmentDeVry UniversityACCT346 Weekly AssignmentWeek 41.MountainAir Company has the following selected data for the past year:Units sold during year30,000Units produced during year45,000Units in ending inventory15,000Variable manufacturing cost per unit$4.50Fixed manufacturing overhead (in total)$20,250Selling price per unit$12.00Variable selling and administrative expense per unit$1.00Fixed selling and administrative expenses (in total)$4,000There were no units in beginning inventory.Required:1a. Prepare an income statement for last year using absorption costing.1b. Calculate the value of the ending inventory using absorption costing.1c. Prepare an income statement for last year using variable costing.1d. Calculate the value of the ending inventory using variable costing.Directions: Your assignment this week is to answer the question below which has four parts. Please show your work for full creditand use the boxesprovided. Please add more rows or columns to the box if needed.

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