answer question 1-3

During the first month of operations ended August 31 , Kodiak Fridgeration Company manufactured 46,000 mini refrigerators, of which 40,000 were soid. Operating data for the month are summarized as follows: Required: 1. Prepare an income statement based on the absorption costing concept: 2. Prepare an income statement based on the variable costing concept. 3. Explain the reason for the difference in the amount of operating income reported in (1) and (2). - Be sure to complete the statement heading. Reler to the list of Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. A colon ( ) will automatically appear if it is required. Enter amounts as positive numbers uniess the amount is a calculation that results in a negative amount. For example: Net loss should be negative