During the first month of operations ended July 31, Head Gear Inc. manufactured 25,000, hats of which 23,500 were sold. Operating data for the month are summarized as follows:

kiintokesmert Main.do?urwokertainmentSession.ocatoriiniprogress abse Asertin and the Contino Income Statements for Two Months and Analye During the first month of operations need July 31, Head Gear Inc manfactured 25,000 hat, of which 23.580 were sodd. Operating into for the money were verrontarioed me fitos 5173.900 Sales Manufacturing cost! 5105,000 Duct maten Direct labor 27,500 12.500 10,000 155,000 Variable manufacturing Fixed manufacturing cost Selling and administrative expenses Variable ed $9.400 6,660 16.260 Duning August, Head Gear Inc. mandatured 22,000 hats and sold 3.500 h Operating date for future as follow Sales $17.900 Manufacturing Directorials 532/400 Dernat labor 24,200 Variable manufacturing cost 11000 Fund manufacturing cost 137.00 Selling and admin Variable SWAD Selling and administrative expenses: Variable $9,400 Fixed 6,860 16,260 Required: 1a. Prepare income statement for July using the absorption costing concept. Head Gear Inc. Absorption Costing Income Statement For the Month Ended July 31 Cost of goods sold: 1b. Prepare income statement for August using the absorption costing concept. Head Gear Ing. Absorption Costing Income Statement For the Month Ended August 31 Cost of goods sold: g: 0:50:38 1b. Prepare income statement for August using the absorption costing concept. Head Gear Inc. Absorption Costing Income Statement For the Month Ended August 31 Cost of goods sold: 2a. Prepare income statement for July using the variable costing concept. Head Gear Inc. Variable Costing Income Statement For the Month Ended July 31 Variable cost of goods sold: 0:50:15 O 2a. Prepare income statement for July using the variable costing concept. Head Gear Inc. Variable Costing Income Statement For the Month Ended July 31 Variable cost of goods sold: IDI