Minute Company reports the following information for March: .: (Click the icon to view the data.) Read the requirements. .. Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Minute Company Income Statement (Absorption Costing) For the Month Ended March 31 Data table Net Sales Revenue $ 64,250 13,800 10,500 Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 16,500 3,800 Operating Income Requirement 2. Calculate the contribution margin and operating income for March using variable costing. Print Done Minute Company Income Statement (Variable Costing) For the Month Ended March 31