Multiple requirements for this one. thank you.

Overis Foods produces frozen meats, which it seils for $10 each. The company uses the FIFO invontory costing method, and it computes a new monthy foxd manufacturing overhead rate based on the actual number of moals produced that month. All costs and producbion levels are exactly as planned. The following data are fram the company's first two months in buringss. (Click the icon to viaw the cata) Read the teishersentis 1. Compute the product cost per meal produced under absorption costing and under variable costing. Do this first for January and then for February. 2. Prepare separate monthly income statements for January and for February, using the following: a. Absorption costing b. Variable costing. 3. Is operating income higher under absorption costing or variable costing in January? In February? Explain the pattern of differences in operating income based on absorption costing versus variable costing