Lavender Inc has the following information for its first year of operations: 
a. Prepare Lavender's full absorption costing income statement.
b. Prepare Lavender's variable costing income statement.
Definitions:
Lethal Injection
Lethal injection is a method of executing death sentences, wherein a person is put to death by administering a lethal dose of drugs, intended as a more humane alternative to former methods.
IQ
A measure of a person's intelligence as indicated by an intelligence test, expressed as a score relative to a norm group.
Death Penalty
The death penalty is a legal punishment that involves executing a person as retribution for a crime designated as capital offense.
Western Nation
Countries located in the Western Hemisphere, often characterized by democratic governance, economic development, and cultural influences from Europe.
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