Indigo Products manufactures and sells a variety of camping products. Recently the company opened a new factory to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operation are shown below: Beginning inventory Units produced Units sold Manufacturing costs Fixed overhead 0 units 10,400 9.100 Variable overhead Direct labour Direct material Selling and administrative costs Fixed Variable $93,600 $3 per unit $10 per unit $25 per unit $200,100 $3 per unit sold The portable cooking unit sells for $111. Management is interested in the opening month's results and has asked for an income statement. (b) Reconcile the difference in net income between the absorption-costing and variable-costing methods. Variable costing operating income Fixed manufacturing overhead costs deferred in ending inventory Absorption costing operating income $ eTextbook and Media Attempts: 0 of 3 used Subn