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Virgil produces jet bridges for many domestic and intomational airports. Cost information for Virgi's jet bridges is as follows: Click the icon to view the

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Virgil produces jet bridges for many domestic and intomational airports. Cost information for Virgi's jet bridges is as follows: Click the icon to view the cost information) Additional information for the first three quarters of 2020 for Virgil are shown below Click the icon to view the additional information for the first three quarters) Virgils controller, Mart, wishes to analyze the difference in the income statements between throughput conting, absorption costing, and variable coating for the first 3 quarters of 2020. Assume no beginning inventory Read the requirements Requirement 1. Prepare an absorption costing income statement. (Complete all input fields. Enter for any zero balance accounts Use a minussion or parentheses for a net loss. Abbreviation used DM direct material: SG&A-selling general and administrative) Absorption Costing Quarter 1 Quarter 2 Quarter 3 Revenues Cost of goods available for sale Not income loss Requirement 2. Prepare a variable conting Income statement. (Complete all input fields. Enter a O for any zero balance accounts. Una minus signor parentheses for a neten Variable Costing Quarter Quarter 2 Quarter Reinho Requirement 2. Prepare a variable coating income statement. (Complete ale input fields. Enter a O for any zero balance accounts. Use a minus sign or parentheses for a net loss.) Variable Costing Quarter 1 Quarter 2 Quarter 3 Revenues Cot of goods available for sale Netcomes) Requirement 3. Precarea that we want Requirement 3. Prepare a throughput costing income statement (Complete al input fields. Enter a D for any zero balance accounts. Use a minus sign or parentheses for a net loss.) Throughout Costing Quarter 1 Quarter 2 Quarter 3 Revenues Cost of goods available for sale Netcom (1) DM = direct materials; SG&A = selling, general and administrative.) Quarter 1 Absorption Costing: Quarter 2 Revenues Cost of goods sold: Direct materials cost of goods sold: Variable cost of goods sold: Willa antraller Mit Allocated fixed manufacturing costs Beginning inventory e statement. (Compl Iministrative.) Deduct ending inventory Quarter 1 Direct materials Fixed manufacturing costs Fixed SG&A costs Manufacturing costs (other than DM) Variable manufacturing costs Variable SG&A costs Net income (loss) Requirement 2. Prepare a variable costing income statement. (Complete a Variable Costing: Quarter 1 Revenues 1

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