The answers in the boxes are very wrong. Please help

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Instrucoons During the first month of operations ended August 31, Kodiak Fridgeration Company manufactured 48.000 mini refrigerators, of which 44.000 were sold Operating data for the month summarized as follows: 58.800,000.00 $336000.00 1314.000.00 1 Sales Manufacturing costs Direct materials Director Variable manufacturing cost Funding cost Selling and administrative expenses Varble 16.000 DO SZ1000.00 500,000.00 3520000 FIN 152.000.00 88000000 1. Prepare an income talent based on the absorption costing concept Hofer to the list of Label and Amount Descriptions for the exact wording of the answer choice for Be sure to complete the statement reading Acalon will automationly appear required Entiventory August 31 as a negative number using a minus signano is nou enter that amount as a negative number using a minus Kodiak Fragestion Company Absorption Costing Income Statement For the Month Ended August 31 58.800,000.00 1 Cost of goods sold * Cost of goods manchard Inventory, August 31 5 Cost of goods sold 56,048,000.00 500.000,00 3.256.000.00 Fand selling and insteiger Gressot $520,000.00 352.000.00 $2.376.000.00 Variable Costing Income Statement Kodiak Fridgeration Company Variable Costing Income Statement For the Month Ended August 31 1 Sales $8,800,000.00 $5,520,000.00 2 Total variable cost of goods sold: Manufacturing margin Variable selling and administrative expenses Contribution margin 460,000.00 5 5,060,000.00 . Fixed costs $528,000.00 3,212,000.00 7 Fixed manufacturing costs Fixed selling and administrative expenses Total foxed costs 10 Income from operations $528,000.00 11 Manufacturing margin Total fixed costs 352,000.00 15 Gross profit B80,000.00 $2.332.000 DO 3. Explain the reason for the difference in the amount of income from operations reported in (t) and (2) The income from operations reported under absorption costing exceeds the income from operations reported under 10 fixed manufacturing costs that are deferred to a future month under absorption costing variable costing by the difference between the two due 1 Sales $8,800,000.00 2 Manufacturing costs: 3 Direct materials $3,360,000.00 Direct labor 1,344,000.00 5 Variable manufacturing cost 816,000.00 Fixed manufacturing cost 528,000.00 6,048,000.00 7 Selling and administrative expenses: Variable $528,000.00 Fixed 352,000.00 880,000.00