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Variable and Absorption Costing - Three Products Fleet - of - Foot Inc. manufactures and sells three types of shoes. The income statements prepared under

Variable and Absorption Costing-Three Products
Fleet-of-Foot Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for the three shoes are as follows:
Fleet-of-Foot Inc.
Product Income Statements-Absorption Costing
For the Year Ended December 31
\table[[,For the Year Ended December 31,,],[Revenues,Cross Training Shoes,Golf Shoes,Running Shoes],[Cost of goods sold,(6,000,000),(7,000,000),(4,410,000)
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