Linda's Foods produces frozen meals that it sells for $7 each. The company computes a new monthly fixed 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 (Click the icon to view the data) Read the requirements Linda's Foods Income Statement (Absorption Costing) Month Ended January 31, 2018 Contribution Margin Cost of Goods Sold Fixed Costs Gross Prom Not Sales Revenue c Selling and Administrative Costs Variable cost the input neds and thence Check Answer January 2018 Units produced and sold: Sales Production 1,000 meals 1,200 meals Variable manufacturing cost per me Sales commission cost per meal Total fixed manufacturing overhead Total fixed selling and administrative costs 660 500