Assignment I. Explain the reasons for the $29.287 difference in July ($65099 - $35,812) between income before taxes un- der the two different methods. Be very specific in listing the elements that caused the difference, 2. Critique the various pros and cons of the variable costing proposal that were presented in the meeting. What arguments would you add? 3. Assess Mr. Silver's arguments concerning products 129 and 243. If he could emphasize only one product. which one should it be? Why? 4. Should Landau adopt variable costing for its monthly income statements? Why or why not