i need help completing a "absorption and variable costing income statements" worksheet. i have attached all information needed.

Absorption and variable costing Income statements Instructions Labels and Amount Descriptions Absorption Costing Income Statement Instructions During the first month of operations ended August 31, Kodiak Fridgeration Company mandactured 46,000 mini refrigerators, of which 40,000 were sold Operating data for the month are summarized as follows: S $8.800,000.00 7 Manufacturing costs Dieest materials Director 53450,000.00 1.196.00000 782,000.00 598,000.00 6,026,000.00 Variable manufacturing cost Fixed manufacturing cost Seting and administrative expenses Variable Fixed 5600,000.00 320,000.00 920,000.00 Required: 1. Prepare an income statement based on the absorption costing concept Absorption and variable costing Income statements Instructions Labels and Amount Descriptions Absorption Costing Income Statement Instructions Manufacturing costs Direct materials Direct labor Variable during cost Fixed manufacturing cost Selling and administrative openses + able $5,450,000.00 1,196,000.00 782.000.00 598.000.00 602600000 5600,000.00 Find 320,000.00 920,000.00 Required: 1. Prepare an income statement based on the absorption costing concept 2. Prepare an income statement based on the variabile conting concept 3. Explain the reason for the difference in the amount of income from operation reported in (1) and (2) * Retor to the date of Labols and Amount Descriptions for the exact wording of the answer choices for tant entries. Be sure to complete the statement reading. Acolon (will automatically appear if required. Enter Inventory, August 31 as a negative number and a minus signita net loss incurred, enter that amount as a negative number using a minusson Instructions 10.00 0.00 1000 0.00 6,026,000.00 10.00 0.00 920,000.00 Labels and Amount Descriptions Contribution margin Contribution margin ratio Cost of goods manufactured Fixed manufacturing costs Fixed soling and administrative expenses Gross profit Income from operations Inventory, August 31 Loss from operations Manufacturing margin Planned contribution margin Sales Sales mix Seling and administrative expenses Total cost of goods sold Total fixed costs Total variable cost of goods sold Variable cost of goods manufactured Variable selling and administrative expenses reported in (?) and (2) or the answer choices for text entries. Be sure to complete the ventory, August 31 as a negative number using a minus sign. Wa sign Instructions Labels and Amount Descriptions Absorption Costing Income Statement 1. Prepare an income statement based on the absorption costing concept. Refer to the fasts of Labels and Amount Descriptions for the exact wording of the anchoices for text entries. Be sure to complete the statement heading. Acolon () wil automatically appear it required Enter Inventory, August 31 as a negative number using a minus signant loss is ncurred, enter that amount as a negative number using an mirus sign Kocak Fridgeration Company Absorption Couting Income Statement For the Month Ended August 31 1 Sales 58.800,000.00 1 Cost of goods sold 1 Cost of goods manufactured Inventory August 31 $6,026,000.00 . Instructions Labels and Amount Descriptions Absorption Costing Income Statement Variable Costing Income Statement 2. Prepare an ineome statement based on the variable costing concept. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer chalces for text entries. Be sure to complete the statement heading. A colon () will automatically appear it required. Enter Inventory, August 31 as a negative number using a minus sign. I ar net loss le incurred, enter that amount as a negative number using a minus sign Kodiak Fridgeration Company Variable Costing Income Statement (Lobo 1 1 4 1 Instructions Labels and Amount Descriptions Absorption Costing Income Statement Variable Costing Income Statement (Labely 1 Label Label 10 13 11 11 Absorption and variable cesting income statements Instructions Labels and Amount Descriptions Absorption Costing Income Statement Instructions Labels and Amount Descriptions Absorption Costing Income Statement Final Question 3 Explain the reason for the difference in the amount of come from operations reported in (1) and (2) The income from operations reported under costing exceeds the income from operation reported under two, due to marcacturing costs that are deferred to a future month under costing costing by the difference between the