s Foods produces frozen meals that it sells for $13 each. The company computes a new monthly fixed manufacturing overhead allocation rate based on the planne ction levels are exactly as planned. The following data are from Stella's Foods's first month in business Click the icon to view the data) Requirements X Data Table January 2 1. Compute the product cost per meal produced under absorption costing and under variable costing 2. Prepare income statements for January 2018 using a. absorption costing b. variable costing 3. is operating income higher under absorption costing or variable costing in January? Units produced and sold Sales 850 m 1.050 m Production 2 Variable manufacturing cost per meal Sales commission cost per meal Total fixed manufacturing overhead Total fixed selling and administrative costs 315 Print Done n January, absorption costing operating income exceeds variable costing operating inca Print Done Choose from any list or enter any number in the input fields and then continue to the ne