Question list EntertainMe Corporation manufactures and sells 50-inch television sets and The selling price per unit is $3,300. The budgeted level of production uses standard costing. Actual data relating to January, February, and March used to calculate the budgeted fixed manufacturing cost per unit is 1,500 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. Read the requirements. Requirements 1. Prepare income statements for EntertainMe in January, February, and March 2020 under (a) variable costing and (b) absorption costing. 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing