Metlock Golf Ltd. produces and sells special golf balls for $23.00 for a pack of three. In May 2022, the company manufactured 31.200 packs (its normal volume) and sold 29,100 packs. The beginning inventory on May 1, 2022, was 5.200 packs, Production information for May 2022 is as follows: 15.00 minutes $41,600 $136.968 Direct manufacturing labour per pack Fixed selling and administrative costs Fixed manufacturing overhead Direct materials costs per pack Direct labour rate per hour Variable manufacturing overhead per pack Variable selling expenses per pack $3.00 $24.00 $5.00 $3.00 Calculate the total cost per pack under both absorption and variable costing. (Round per unit calculations and final answers to 2 decimal places, eg. 15.25.) Absorption Costing Variable Costing Total cost per pack $ Prepare income statements in good form for the month ended May 31, 2022 under absorption and variable costing (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses eg. (2,945). Round per unit calculations to 2 decimal places, eg. 15.25 and final answers to O decimal places, eg. 125.) METLOCKGOLF LTD. Absorption-Costing Income Statement Sales in units $ METLOCKGOLF LTD. Variable-Costing Income Statement Sales in units $ $ > > Reconcile the operating income calculated under absorption costing with the operating income calculated under variable costing. Assume that April's costs were the same as those of May. (Enter loss using either a negative sign preceding the number eg. -2.945 or parentheses eg. (2,945). Round per unit calculations to 2 decimal places, eg. 15.25 and final answers to decimal places, eg. 125) Variable-costing net income / (loss) $ FMOH deferred in ending inventory FMOH released from beginning inventory Absorption-costing net income $