Moccio Inc. (Moccio) makes widgets. The following schedule shows information for September, Moccio's first month of operations. Variable costs of manufacturing $45 per widget Variable selling and administrative costs $8 per widget Fixed manufacturing overhead $75,000 During September, Moccio manufactured 2,500 widgets and sold 2,200 widgets at a selling price of $130 each. Required: a) Prepare an absorption costing income statement for Moccio for September. (3.5 marks) b) Calculate Moccio's net income using variable costing. Do NOT prepare a variable costing income statement instead, use the absorption costing income from part (a) as the starting point. (1.5 marks)