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Salem Screen Corporation manufactures and sells 50 -inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as

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Salem Screen Corporation manufactures and sells 50 -inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as follows: Requirement 1. Prepare income statements for Salem Screen in January, February, and March 2020 under (a) variable costing and (b) absorption costing. (a). Prepare income statements for Salem Screen in January, February, and March of 2020 under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Complete all input fields. Enter a "0" for any zero balance accounts.) Data table Requirements 1. Prepare income statements for Salem Screen 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

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