21 22 Assume there are no price, efficiency, or rate (spending) variances. 23 "There are 2 parts to this question below. 24 1) Prepare a statement of comprehensive income for the month of July using absorption costing. 25 26 7 8 9 2 3 3 5 5 Q#1 New... 42 43 44 45 46 47 48 492) Prepare a numerical reconciliation in which you calculate the variable costing operating income for the month of July. An income statement is not required. (Reconcile mathematically, the difference between the two operating income 50 figures). Label all calculations. (2 marks) 51 52 53 54 5 7 8 9 New