Chicago Screen Corporation manufactures and sells 50 -inch television sets and The selling price per unit is $2,600. The budgeted level of production used uses standard costing. Actual data relating to January, February, and March 2020 to calculate the budgeted fixed manufacturing cost per unit is 1,500 units. are as follows: There are no price, efficiency, or spending variances. (Click to view the data.) Read the (b). Prepare income statements for Chicago Screen in January, February, and March 2020 under absorption costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Enter a "0" for any zero balance accounts. Label any variances as favorable (F) or unfavorable (U). If an account does not have a variance, do not select a label. Abbreviation used; Adj. = Adjustment, Mfg. = Manufacturing.) Data table Requirements 1. Prepare income statements for Chicago Screen in January, February, and March 2020 under (a) variable costing and (b) absorption costing. 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing