Data Table January February March Unit data: 0 150 150 Beginning inventory Production Sales 1,250 1,225 1,350 1,100 1,225 1,355 Variable costs: $ 600 $ 600 $ 600 $ 525 $ 525 $ 525 Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs: Manufacturing costs Operating (marketing) costs $ 460,000 $ 460,000 $ 460,000 $ 160,000 $ 160,000 $ 160,000 Print Done (b). Prepare income statements for HD 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.) January 2020 February 2020 March 2020 Revenues 3080000 3430000 3794000 Cost of goods sold: Beginning inventory HD Corporation manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as follows: The selling price per unit is $2,800. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,250 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Read the requirements. (Click to view the data.)