eBook Show Me How Absorption and variable costing Income statements Instruction Label and Amount Descriptions Absorption Costing Income Statemem Instructions During the first month of operations ended August 31, Kodak Fridgeration Company manufactured 60.000 mielelrigerators, of which 35,000 were sold Operating data for the month are summarized as follow $200.000.00 1 Sales 1 Manufacturing costs 3 Direct materials 52.800.000,00 200,000.00 300.000.00 Director Variable manufacturing cost Fixed manufacturing Selling and administrative 000.00 5240.000.00 1 Variable 550.000 DO 216.000.00 756,000.00 Required: 1. Prepare an income statement based on the absorption costing concept Check My Work more Check My Worses remaining Previous Next > Instructions Labels and Amount Descriptions Absorption Costing Income Statement III Instructions Absorption Costing Income Statement x x 1. Prepare an income statement based on the absorption costing concept. Peter to the list of Label and Amount Descriptions for the exact wording of the answer choices for text entries. Be sure to completo me statement heading. A colon () wil automatically appear #required. Enter Inventory. August 3t as a negative number using a minis sign. We net loss is incurred, enter that amount as a native number using a minus sign Kodak Fridgeration Company Absorption Costing Income Statement Label 1 Label 1 Check My Work more Check My Works remaining eBook Show Me How Instruction Labels and Amount Description Absorption Costing Income Statement Variable Costing Income Statement entries. Be sure to complete the statement heading. A colon () mi automatically appear it required. Enter Inventory, August 31 as a negative number using a minus sgrilla net loss is incurred, enter that amount as a negative number using a minus sign exter urred Kodiak Fridgeration Company Variable Costing Income Statement (Label) 1 1 label 1 4 5 6 Label 10 11 12 11 Check My Work 3 more Check My Work uses remaining Previous Next Variable Costing Income Statement eri Final Question ne 3. Explain the reason for the difference in the amount of income from operations reported in (1) and (2) Be The Income from operations reported under costing exceeds the income from operations reported under two, due to manufacturing costs that are deferred to a future month under conting costing by the difference between the