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Adams Company has provided the following for the year. Required a. Prepore in good form a budgeted and actual income statement for internal use. Separate

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Adams Company has provided the following for the year. Required a. Prepore in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unftrvorable (U). (Select "None" If there is no effect [le.i zero var(ance).) a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each varlance is favorable (F) or unfavorable (U). (Select "None" If there is no effect (l.e., zero varlance).)

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