Prepare income statements in good form for Tiger Mountain Gelato for May $2024$ using absorption costing and variable costing.

Use the selections in the drop$-$down menu to select the correct description.

Use cell references in the formula to point to the selling price per unit, product cost per unit, and units sold from the data table.

Indent the descriptions for any subtotals using the Increase Indent button. Double underline operating income.

Absorption Costing

Variable Costing