ACC420-065 Spring 2022 Chapter 9 assignment - Total 70 marks. Instructions: 1. Ensure your name and student number are on EACH page of the assignment in the top right hand corner. 2. Clearly label each question and what part of the question you are answering. Round all calculations to two decimal places. 3. There are 3 questions totaling 65 marks. 4. This assignment must be submitted in a PDF format only. If you are using WORD or EXCEL you will have to print your assignment to "Microsoft PDF Writer" instead of selecting a printer. Make sure you re-size it to fit on 1 page wide only. For handwritten assignments, they must be scanned and also saved as a PDF document. All other submission formats will not be accepted. 5. NOTE: If I cannot read the assignment, I will not be able to mark it and students will receive a grade of "0". 6. This assignment is due June 20, 2022 at 11:59 pm and is worth 4% of your final grade - LATE submissions will not be accepted. The ABC Company manufactures and sells 95" Television sets and uses standard costing. Budgeted level of production is 1,000 units per month. The actual data from January, February and March is as follows: Beginning Inventory Production Sales January February March 300 300 1,000 800 1,250 700 800 1,500 Variable Costs Manufacturing cost per unit 5 900 $ 900 $ 900 Operating marketing cost per unit $ 600 $ 600 5 600 Fixed Costs Manufacturing Costs $ Perating (marketing) costs 5 400,000 $ 400,000 $ 400,000 140,000 $140,000 $ 140,000 Salling Price per unit i 3,000 Prepare the statement of income for each of January, February and March as follows: 1. Variable Costing 2. Absorption Costing I