Metro Company reports the following information for March: E: (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Metro Company Income Statement (Absorption Costing) For the Month Ended March 31 i Data Table - X Net Sales Revenue $ Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 98,150 16,700 9,200 13,000 6,000 Print Done Operating Income Metro Company reports the following information for March: E: (Click the icon to view the data.) Read the requirements. - Operating Income Requirement 2. Calculate the contribution margin and operating income for March using variable costing. Metro Company Income Statement (Variable Costing) For the Month Ended March 31 Data Table Net Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 98,150 16,700 9,200 13,000 6,000 Print Done Operating Income