Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones.

Appliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. Beginning Inventory 0 Units Produced 24,000 19,200 $145 Units Sold Selling Price per Unit Variable Sales and Administration Expenses Fixed Sales and Administration Expenses $5 $936,000 Direct Material Cost per Unit $26 Direct Labor Cost per Unit $11 Variable Manufacturing Overhead Cost per Unit $4 Fixed Manufacturing Overhead Cost per Month $940,800 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Absorption $ Cost of Goods Sold: $ Total Cost of Goods Sold $ Sales and Administrative Expenses: Variable Fixed Prepare an income statement under the variable costing method. If an amount box does not require an entry, leave blank. Prepare an income statement under the variable costing method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Variable Cost of Goods Sold: Total Cost of Goods Sold Sales and Administrative Expenses: Variable Prepare a reconciliation between the two statements. Reconciliation