Income statements under absorption costing and variable costing Fresno industries Inc. manufactures and sells high-quality camping tents. The company began operations on lanuary 1 and cperated at 100% of capacity (192,000 units) during the first month, creating an ending inventory of 19,000 units. During February, the company produced 173,000 units during the month tut said 192,000 unita at: $590 per unit. The February manufacturing costs and selling and administrative expenses were as folows: Thas intofmatian nas been cotected in the Microseft Excen uring