The absorption costing operating income for Cosmo Corporation for the year ending December 31, 2022 is $100,000 using the following data Units in beginning inventory Required: Units produced Units sold ($40 price per unit) 28,000 25,000 Variable Costs per unit: Direct Material Direct Labour Variable Manufacturing Overhead Variable Selling and Administrative Total Fixed Costs $7 $9 $2 Fixed Manufacturing Overhead Costs Fixed Selling and Administrative $196,000 $175,000 1. Prepare a contribution format income statement in good form using variable costing (9 marks) 2. Prepare and label a reconciliation between absorption costing operating income (provided above) and variable costing operating income