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EntertainMe Corporation manutactures and selis 50 inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as follows:

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EntertainMe Corporation manutactures and selis 50 inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as follows: (Click lo view the data) The seling price per unit is $3,300. The budgeled level of production used to calculafe th budooted fixed manutacturing cost per unit is 1,500 unis. There are no price, ellicioncy, spending variances. Ary production-volume variance is writien off to cost of goods sold in the month in which it cocurs Read the reguirements: Requirement 1. Prepare income statements for EntertainMe in January. February, and March 2020 under (b) variable costing and (b) absorption costing (a). Prepare income statements for EntertanMe in January, Fobruary, and March of 2020 under variable conting Requirements 1. Prepare income statements for EntertainMe in January, February, and March 2020 under (a) variable costing and (b) absorption costing. 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing. Data table

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