ad allocation rate hased on the planned number of meals to be produced that menth Ame Margarita's Foods produces frozen meals that it sells for $13 each The company computes a new monthly feed manufacturing overhead alocation al costs and production levels are exactly as planned. The following data are from Margarita's Foods's first month in business (Click the icon to view the data) Read the requirements Requirement 1. Compute the product cost per meal produced under absorption costing and under variable costing (Round your answers to the nearest cent Total product cost per meal Absorption costing Variable Requirement 2a. Prepare Stargarita's Food's January income statement using absorption coiting Marga's Foods Income Statement (Absorption Costing) Most Ended Jamy31