FastRide Inc. manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March are as follows. B (Click to view the data.) The selling price per unit is $3,000 Required 1. Present statements of comprehensive income for January, February, and March 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. - X Data table ting portion. rch January February March Unit data: Beginning inventory 0 100 50 Production 1,000 975 1.200 Sales 900 1,025 1,150 Variable costs: Manufacturing cost per unit produced $ 1,100 $ 1,100 $ 1.100 Operating (marketing) cost per unit sold 700 700 $ 700 Fixed costs: Manufacturing costs 380,000 $ 380,000 $ 380,000 Operating (marketing) costs 150,000 150,000 150,000 Note: The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,000 Print Done