Homework: 5-1 My Accounting Lab Homework: Chapter 9 Question 3, E9-23 (similar to) Part 11 HW Score: 17.888.8.0 of 20 points O Points: 0 of 9 Save HD Corporation manufactures and sols 50-inch television sets and uses standard costing Actual data relating to January February, and March 2017 are as follows Click to view the data) The selling price per unit is $2.800 The budgeted level of productioned to calculate the budgeted for manufacturing cost por 1.000 unit. There are no piecency or sponding variances Any production volume variance is written off to cost of goods sold in the month in which it occurs Read the com Requirement 1. Prepare income statements for HD in January February, and March 2017 under (a) vorable conting and (D) atacription contro (a). Prepare income statements for HD in January February, and March of 2017 under variatie costing Complete the top half of the income statement for each month trut, then complete the botom portion (Complete all answer boren. Enter a lo any zero batorce act) January 2017 February 2017 March 2017 Revenues Variable cost of goods sold Beginning inventory Clear all Check answ Tho.collins nice permitie 2000 The bu - - Requirements 1. Prepare income statements for HD in January, February, and March 2017 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. Print Done Data table teld area January February March Unit data: 0 150 150 Beginning inventory Production 1,000 950 1,075 Sales 850 950 1,080 HE 950 ary, Variable costs: Manufacturing cost per unit produced $ 950 $ 950 $ Operating (marketing) cost per unit sold $ 625 $ 625 $ Fixed costs: Manufacturing costs $ 480,000 $ 480,000 $ 625 For e 480,000 ingl Data table bh tele are a 150 1,075 1,080 Unit data: Beginning inventory 150 Production 1,000 950 Sales 850 950 Variable costs: Manufacturing cost per unit produced $ 950 $ 950 $ Operating (marketing) cost per unit sold $ 625 $ 625 $ Fixed costs: Manufacturing costs $ 480,000 $ 480,000 $ Operating (marketing) costs $ 180,000 $ 180,000 $ or HD 950 625 dary, for e 480,000 180,000