Data Table + January Units produced and sold: Sales 1,000 meals 1 200 meals $ 13 B Production Variable manufacturing cost per meal Sales commission cost per meal Total fixed manufacturing overhead Total fixed selling and administrative costs 560 500 Print Done + - X i Requirements 1. Compute the product cost per meal produced under absorption costing and under variable costing. 2. Prepare income statements for January using: a. absorption costing. b. variable costing 3. Is operating income higher under absorption costing or variable costing in January? Print Done Clarita's Foods produces frozen meals that it sells for $7 each. The company computes a new monthly frated manufacturing overhead allo month in business E Click the icon to view the data.) Read the requirements sanaw monthly fixed mandating ehead sfocation rate based on the planned number of meals to be produced that month. Assume all costs and production Sovels are exactly as planned The follow