Game Spot manufactures video games that it sells for $41 each. The company uses a fixed manufacturing overhead allocation rate of $5 per game. Assume all costs and production levels are exactly as planned. The following data are from Game Spot's first two months in business during 2018: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the product cost per game produced under absorption costing and under variable posting. October 2018 Absorption Variable costing costing 2 3 S 18 November 2018 Absorption Variable costing costing $ 23 S Total product cost per game S 18 Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. i Data Table Game Spot Absorption Costing Income Statement October 2018 November 2018 Net Sales Revenue $ 73,800 $ 114,800 $ Cost of Goods Sold 45,000_ 70,000 _ Gross Profit Selling and Administrative Costs Total 188,600 115,000 Sales October 1,800 units 2,700 units 18 November 2,800 units 2.700 units 18 Operating Income S S Production Variable manufacturing cost per game Sales commission cost per game Total fixed manufacturing overhead Total fixed selling and administrative costs 13,500 13,500 10,500 10,500 Choose from any list or enter any number in the input fields and then click Check