please complete the chart 1A, 1B, 2A, 2B

eBook Show Me How Absorption and variable Costing Income Statements for Two Months and Analysis During the first month of operations ended July 31, Head Gear Inc. manufactured 31,800 hats, of which 29,600 were sold. Operating data for the month are summarized as follows: Sales $248,640 Manufacturing costs Direct materials $152,640 Direct labor 41,340 Variable manufacturing cost 19.080 Fixed manufacturing cost 15,900 228,960 Selling and administrative expenses Variable $11,840 Fixed 8,640 20,480 During August, Head Gear Inc.manufactured 27,400 hats and sold 29,600 hats. Operating data for August are summarized as follows: $248,640 Sales Manufacturing costs Direct materials Direct labor Variable manufacturing cost Fixed manufacturing cost Selling and administrative expenses Variable $131,520 35,620 16,440 15,900 199,480 $11,840 8,640 Fixed 20,480 oBook Show Me How sem gondoverexpensus Variable $11,840 8,640 Fixed 20,480 Required: 1a. Prepare income statement for July using the absorption costing concept. Head Gear Inc. Absorption Costing Income Statement For the Month Ended July 31 Sales Cost of goods sold: Cost of goods manufactured Inventory July 31 Total cost of goods sold Gross profit Selling and administrative expenses Operating income Feedback 1b. Prepare income statement for August using the absorption costing concept. Head Gear Inc. Absorption Costing Income Statement For the Month Ended August 31 Sales Cost of goods sold: Inventory August 1 UN Erdback 1b. Prepare income statement for August using the absorption costing concept. Head Gear Inc. Absorption Costing Income Statement For the Month Ended August 31 Sales Cost of goods sold: Inventory August 1 Cost of goods manufactured Total cost of goods sold Gross profit Selling and administrative expenses Operating income DIDO Feedback 2a. Prepare income statement for July using the variable costing concept Head Gear Inc. Variable Costing Income Statement For the Month Ended July 31 Variable cost of goods soldi Variable cost of goods manufactured Inventory, July 31 Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses Dodo Di Totalfixed costs Operating Income Tout 2b. Prepare Income statement for August using the variable costing concept Head Gear Inc. Variable Costing Income Statement For the Month Ended August 31 Sales Variable cost of goods sold: Inventory, August 1 Variable cost of goods manufactured Total variable cost of goods sold Manufacturing margin Variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs Fixed selling and administrative expenses DO buvo Total fixed costs Operating income Leadh