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1 Chung Inc. manufactures a small part that is widely used in various electronic products such as home computers. The anmerting results using variable costing

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1 Chung Inc. manufactures a small part that is widely used in various electronic products such as home computers. The anmerting results using variable costing as well as the flow in units for the most recent three months are as follows red: late - an fivnd nuarhead der unit for December, January, February and March. (2 marks) 17 Required: 18 1. Calculate the fixed overhead per unit for December, January, February and March. (2 marks) Determine the absorption costing operating income for February using the income reconciliation approach. ( 3 marks). Show all supporting calculations) \begin{tabular}{|l|l|} \hline Variable Cost Operating income (loss) & \\ \hline & \\ \hline Absorption Costing Operating income (loss) & \\ \hline \end{tabular} Show any relevant workings in a clear marser in this section to potentially earn partial marks

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