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Sook pliance Apps has the following costs associated with its production and sale of devices that allow appliances to receive commands from cell phones. eginning inventory 0 Units Produced 24,000 Units Sold 19,200 Selling Price per Unit $144 Variable Sales and Administration Expenses $5 Fixed Sales and Administration Expenses $931,200 Direct Material Cost per Unit $26 Direct Labor Cost per Unit Variable Manufacturing Overhead Cost per Unit $3 Fixed Manufacturing Overhead Cost per Month $938,400 $10 Prepare an income statement under the absorption method. If an amount box does not require an entry, leave it blank. Appliance Apps Income Statement: Absorption 2.764,000 Sales Cost of Goods Sold: Beginning Inventos 0 624.000 Cost of Goods Manufactured Cost of Goods Available for Sale Ending Inventory . Total Cost of Goods Sold Gross Profit Sales and Administrative Expenses Variable Fixed Totalized Sales and Administrative Expenses Net Operating Income Tepat Appliance Apps Income Statement: Variable Sales Cost of Goods Sold: Beginning Inventory Cost of Goods Manufactured Cost of Goods Available for Sale Ending Inventory Total Cost of Goods Sold Gross Contribution Margin Sales and Administrative Expenses Variable Contribution Margin QUI IQ OU The Sales and Administrative Expenses Fixed Manufacturing Total Fixed Sales and Administrative Expenses Net Operating Income Prepare a reconciliation between the two statements. Reconciliation Net Income under Variable Costing AddaFixed Manufacturing Overhead Delerred 8 po Net Income under Absorption