Data Table January 2018 0 Units produced and sold: Sales 800 meals Production Variable manufacturing cost per meal Sales commission cost per meal Total fixed manufacturing overhead Total fixed selling and administrative costs 1,000 meals 5 650 400 Print Done Maria's Foods produces frozen meals that It sells for $12 each. The company computes a new monthly produces frozen meals that it sells for $12 each. The company computes a new monthly foxed manufacturing overhead allocation rate based on the m planned number of meals to be produced that month. Assume all costs and production levels are exactly as planned The following data are from Maria's Foods's fir month in business (Click the icon to view the data.) Read the requirements Requirement 1. Compute the product cost per meal produced under absorption costing and under variable costing. (Round your answers to the nearest cent) January 2018 Absorption Variable costing costing Total product cost per meal Requirement 2a. Prepare Maria's Foods's January income statement using absorption costing Maria's Foods Income Statement (Absorption Costing) Month Ended January 31, 2018 Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2a. Prepare Maria's Foods's January income statement using absorption costing Maria's Foods Income Statement (Absorption Costing) Month Ended January 31, 2018 Operating income Requirement 2b. Prepare Maria's Foods's January income statement using variable costing Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2a. Prepare Maria's Foods's January income statement using absorption costing Maria's Foods Income Statement (Absorption Costing) Month Ended January 31, 2018 Operating income Requirement 2b. Prepare Maria's Foods's January income statement using variable costing Choose from any list or enter any number in the input fields and then continue to the next question Requirement 2b. Prepare Maria's Foods's January income statement using variable costing Maria's Foods Income Statement (Variable Costing) Month Ended January 31, 2018 Operating income variable costing in January? Requirement 3. Is operating income higher under absorption costing or estion Choose from any list or enter any number in the input fields and then continue to the next