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Exercise 15-6A (Algo) Income statement for internal use LO 15-3 Adams Company has provided the following for the year. Required a. Prepare in good form

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Exercise 15-6A (Algo) Income statement for internal use LO 15-3 Adams Company has provided the following for the year. Required a. Prepare in good form a budgeted and actual income statement for internal use. Sepatate operating income from net income in the statements and indicate whether eoch yariance is fovorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i,e., zero variance).)

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