Can anyone help with these 3 questions?

o ) 82% Tue 10:01 PM ach velasco@email.sainteo.edu Module 7 HW-Financial & Managerial.. Solved: Absorption and variable costi McKnight Industries Is in The Proces Module 7 HW Financial & Managerial Accting MBA-560-MBOL2 Homework: Module 7 HW Score: 0 of 50 pts P6-66A (similar to) Isaach Velasco& 1 2/19/1910:01 PM Save 2 of 2 (1 complete) Hw Score: 15.38%, 15.38 of 100 pts Question Heip Manio's Foods produces trozen meals, which it sells tor $9 each. The company uses the FIFO inventory costing method, and it computes a new monthly txed manufacturing overhead rate based on the actual number of meals produced that month. All costs and production levels are exactly as planned. The following data are from the compary's first two months in business: (Cick the icon to view the data.) Requirements 1. Compute the product 2. Prepare separate monthly income statements for January and for February, using the following: cost per meal produced under absorption costing and under variable costing. Do this first for January and then for February a. Absorption costing b. Variable costing in operating income based on absorption costing ersus 3. Is operating income higher under absorption costing or variable costing in January? In February? Explain the patrnof dfferences in variable costing January Absorption Variable costing costing Microsoft Excel Total product cost- Enter any number in the edit fields and then click Check Answer Check Ans parts 2 of 2 (1 complete) G Data Table January 1.600 meals 2,000 meals February 1,800 meals 1,600 meals Sales Production Variable manufacturing expense per meal... . $ Sales commission expense per meal.... Total fixed manufacturing overhead -4*........ Total fixed marketing and administrative expenses $ 3 2 800 S500 2 S 800 500 Print Done Clear All