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theome Statements under Absorpkion Casting and Vartable Cosking results for July: If required, round intenm per-unit calculations to the nearest cent. a. Prepare an income

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theome Statements under Absorpkion Casting and Vartable Cosking results for July: If required, round intenm per-unit calculations to the nearest cent. a. Prepare an income statement occording to the absargtion costing concept. b. Pregare an kncome stalement acrording to the varable costrong cincept. Galiatin County Motors Ine. b. Drepare an intome statement according to the variable costing concest. c. What is the reason for the deflermince in the amoust of epereting income reported in (a) and (b) ? Under the iococre atabiment wa Bave a hioher aperasig income

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