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please help During the first month of operations ended August 31, Kodiak Fridgeration Company manutactured 80,000 mini retrigerators, of which 72,000 were sold. Operating data

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During the first month of operations ended August 31, Kodiak Fridgeration Company manutactured 80,000 mini retrigerators, of which 72,000 were sold. Operating data for the month are summarized as follows: Labels August 31 Cost of goods sold Fixed costs For the Month Ended August 31 Variable cost of goods sold Amount Descriptions Contribution margin Contribution margin ratio Cost of goods manufactured Fixed manufacturing costs Fixed selling and administrative expenses Gross profit Operating income Inventory, August 31 Loss from operations Manufacturing margin Planned contribution margin Sales Sales mix Selling and administrative expenses Total cost of goods sold Total fixed costs Total variable cost of goods sold Variable cost of goods manufactured Variable selling and administrative expenses A colon (f) will aulomaricaly appear it is mequired Enter amounts as positive numbers cnless the anount is a calculation that resules in a negative amount. For example: Ner ioss should be negative. Variable Costing Income Statement is a calculation that results in a negative amount. For example: Net loss should be negative. 3. Explain the reason for the difference in the amount of operating income reported in (1) and (2). The Operating income reported under costing exceeds the Operating income reported under costing, due to manufacturing costs that are deferred to a future month under costing

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