Thelonious Manufacturing makes metal lens holders for digital movie projectors. The following schedule shows data for September 20x2, its first month of operations. Variable costs of manufacturing $50 per holder Variable selling and administrative costs $9 per holder Fixed manufacturing overhead $68,000 During September, Thelonious manufactured 1,700 holders and sold 1,500 at a selling price of $150 per holder. 1. Prepare an absorption costing income statement for Thelonious for the month of September 20x2. (5 marks) ii. Without preparing a variable costing income statement, calculate what the variable costing income would be. Use the absorption costing income from part (a) as a starting point in your calculation. (2 marks)