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(Click the leon lo view the data) Resd the tecuictenknts. Data table Requirements 1. Compute the product cost per meal produced under absorption costing and

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(Click the leon lo view the data) Resd the tecuictenknts. Data table Requirements 1. Compute the product cost per meal produced under absorption costing and under variable costing. Do this first for January and then for February. 2. Prepare separate monthly income statements for January and for February, using the following: a. Absorption costing b. Variable costing. 3. Is operating income higher under absorption costing or variable costing in January? In February? Explain the pattern of differences in operating income based on absorption costing versus variable costing

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