Question 2 Fresh Air Products manufactures and sells a variety of camping products. Recently the company opened a new plant to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operations are shown below: O units 11,900 10,500 Beginning inventory Units produced Units sold Manufacturing costs Fixed overhead Variable overhead Direct labour Direct material Selling and administrative costs Fixed Variable $95,200 $4 per unit $11 per unit $29 per unit $202,700 $3 per unit sold The portable cooking unit sells for $111. Management is interested in the opening month's results and has asked for an income statement. (b) Your answer is partially correct. Try again. Reconcile the difference in net income between the absorption-costing and variable-costing methods. 374100 Variable costing operating income 9800 Fixed manufacturing overhead costs deferred in ending inventory 383900 Absorption costing operating income LINK TO TEXT LINK TO TEXT Attempts: 1 of 3 used