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Hi, please help. And if you can show me how it's done please 6:18 4. Reconcile the absorption costing and variable costing operating income figures

Hi, please help. And if you can show me how it's done please

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6:18 4. Reconcile the absorption costing and variable costing operating income figures in (2) and (3) above. Variable costing operating income (loss) Add: Fixed manufacturing overhead cost deferred in inventory under absorption costing Absorption costing operating income (loss) $ ion OMO EE E DisneptVariable & Absorption Costing with detailed (expanded) Cost of Goods Sold ABC Inc. has just organized a new division to manufacture and sell specially designed computer tables, using select hardwoods. The division's monthly costs are shown in the schedule below: Manufacturing costs: Variable costs per unit : Direct materials tA tA 156 Variable manufacturing overhead 16 Fixed manufacturing overhead costs (total) $570, 230 Selling and administrative costs: Variable 10% of sales Fixed (total) $336, 750 ABC regards all of its workers as full-time employees, and the company has a long-standing no-layoff policy. Furthermore, production is highly automated. Accordingly, the company includes its labour costs in its fixed manufacturing overhead. The tables sell for $500 each. During the first month of operations, the following activity was recorded: Units produced 4, 490 Units sold 3, 420 Required: 1. Compute the unit product cost under each of the following costing method. 9 M US 1 9 1Required: 1. Compute the unit product cost under each of the following costing method. Unit Product Cost a. Absorption costing b. Variable costing it is required.) 2. Prepare an income statement for the month using absorption costing. (Do not leave any empty spaces; input a 0 wherever Cost of goods sold: 0 OM DisNep US 1 9

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