ADsocption Costing Income Statement On June 30 , the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on the variable costing cancept: a. Prepare an absorption costing income statement. In your computations, round unit costs to two decimal places and round final answers to the nearest dollar. b. Reconcile the variable costing income from operations of 5409,000 with the absorption costing income from operations determined in (a). Reconciliation of Variable and Absorption Costing Income