During 2022, Shamrock Corp. produced 45,100 units and sold 36,080 for $15.00 per unit. Variable manufacturing costs were $6.00 per unit. Annual fixed manufacturing overhead was $108,240. Variable selling and administrative costs were $3.00 per unit sold, and fixed selling and administrative expenses were $20,000. (a) Prepare an absorption-costing income statement. Shamrock Corp. Income Statement-Absorption Costing Operating income $ $ Ending inventory Operating income Gross margin Variable costs $ Fixed costs Goods available for sale Sales Attempts: 0 of 2 used Submit Answer due date. Auto- Costs of goods manufactured Beginning inventory Volume variance Cost of goods sold Selling and administrative expenses Contribution margin (b Reconcile the difference between the net income under variable costing and the net income under absorption costing. That is, show a calculation that explains what causes the difference in net income between the two approaches. Variable costing operating income $ Fixed manufacturing overhead costs deferred in ending inventory Absorption costing operating income $ Save for Later Attempts: 0 of 2 used Submit