4KPlay Inc. manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March are as follows. E (Click to view the data.) The selling price per unit is $3,500. Required 1. Present statements of comprehensive income for January, February, and March under (a) variable costing and (b) absorption costing. Data table 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing. - January February March Unit data Beginning inventory 0 50 25 Requirement 1a. Present statements of comprehensive income for January, February, and March under variable costing. Complete the top half of the statement of comprehensive income for each month first, and then complete the bottom portion. Production 1,000 900 1,050 Sales 950 925 975 January February March Variable costs: $ 1,200 $ 1,200 $ 1,200 Manufacturing cost per unit produced Operating (marketing) cost per unit sold 500 500 $ 500 Fixed costs: Manufacturing costs $ 380,000 $ 380,000 $ 380,000 Operating (marketing) costs 155,000 155,000 155,000 Note: The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,000 Less: Print Done