Lindas foods produces frozen meals that it sells for $7....

ZI-ZIA (UUUN Stauc) Question Help Linda's Foods produces frozen meals that it sells for $7 each. The company computes a new monthly feed manufacturing overhead allocation rate based on the planned number of meals to be produced that month. Assume all costs and production levels are exactly as planned. The following data are from Linda's Foods's first month in business DEB Click the icon to view the data.) Read the requirements Requirement 1. Compute the product cost per meal produced under absorption costing and under variable costing (Round your answers to the nearest cent) January 2018 Absorption Variable costing costing Total product cost per meal January 2018 1,000 meals 1,200 meals Units produced and sold: Sales Production Variable manufacturing cost per meal Sales commission cost per meal Total fixed manufacturing overhead Total fixed selling and administrative costs 660 500