On July 31, 2016, the end of the first month of cperations, Rhys Company prepared the following income statement based on the atesorotion costrno concept: A. Prepare a variable costing income statement, assuming that the foxed manutacturng costs were $133,200 and the varlabie seling and administrative expenses were 5108.000 . Refer to the Labe/s and Amount Descriotions ast provided for the exact wording or the answer choices for text enthes "Less" or "Plus" and colons will automatically appear if it is required in your computations, round und costs to two decimat places and round inal answers to the nearest dollar B. Reconcile the absorption costing income from operations of 51,690,000 wth the varable casting income from coperations previousy defermined Rhys Company Income trom Operations - Absorption ve Variable Costing For the Month Ended July 31, 2016 1 Absorption costing income from operations a. Variable costing income from operations 1 Difieneno On July 31, 2016, the end of the first month of cperations, Rhys Company prepared the following income statement based on the atesorotion costrno concept: A. Prepare a variable costing income statement, assuming that the foxed manutacturng costs were $133,200 and the varlabie seling and administrative expenses were 5108.000 . Refer to the Labe/s and Amount Descriotions ast provided for the exact wording or the answer choices for text enthes "Less" or "Plus" and colons will automatically appear if it is required in your computations, round und costs to two decimat places and round inal answers to the nearest dollar B. Reconcile the absorption costing income from operations of 51,690,000 wth the varable casting income from coperations previousy defermined Rhys Company Income trom Operations - Absorption ve Variable Costing For the Month Ended July 31, 2016 1 Absorption costing income from operations a. Variable costing income from operations 1 Difieneno