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Ivanhoe Products manufactures and sells a variety of camping products. Recently the company opened a new factory to manufacture a deluxe portable cooking unit. Cost

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Ivanhoe 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 beiow: Beginning imventory Units produced Units sold Manutacturinge cost: Flued overhen Variable overtiead Directlabocis Diestonateria! Scilire and administrative costs fined Vanable 0 units 10,300 9,000 $123.600 \$5 perunit $12 perunt 326 ger unt Prepare an absorption-costing income statement for the first month of operation. Income Statement-Nbsorption Costing For the first month of operations

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