Income Statements under Absorption Costing and Variable Costing

Income Statements under Absorptoon Costing and Variable Costing fiest mionth, creating an ending invertory of 5,100 units. During February, the company produced 51,000 umas durng the month but sold 56,100 unds at 5100 per unic. The Yebruary manufocturing costs abd seling arid administrative expenses were as follows: b. Prepare an income statement accoiding to the vanable costing concept for the month ending February 28 c. What is the reason for the daffecence in the amount of operaong income reported in (a) and (b)? Under the method, the fixed manifacturing cost included in the cost of goots sold is mafched with the revenuer. Undet Wall of the income statemeat with have a lower operating income a. Prepare an income statement according to the absorption costing concept for the month ending February 28