Wildhorse Golf Ltd. produces and sells special golf balls for $20.00 for a pack of three. In May 2022, the company manufactured 33,600 packs (its normal volume) and sold 31,360 packs. The beginning inventory on May 1, 2022, was 5,600 packs. Production information for May 2022 is as follows: Direct manufacturing labour per pack 15.00 minutes Fixed selling and administrative costs $44,800 $147,840 Fixed manufacturing overhead Direct materials costs per pack Direct labour rate per hour $2.00 $24.00 Variable manufacturing overhead per pack $4.00 Variable selling expenses per pack $2.00 Calculate the total cost per pack under both absorption and variable costing. (Round per unit calculations and final answers to 2 decimal places, e.g. 15.25.) Absorption Costing Variable Costing Total cost per pack $ $ Prepare income statements in good form for the month ended May 31, 2022, under absorption and variable costing. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945). Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) WILDHORSEGOLF LTD. Absorption-Costing Income Statement Sales in units $ + $ WILDHORSEGOLF LTD. Variable-Costing Income Statement Sales in units $ + $ + $ $ Reconcile the operating income calculated under absorption costing with the operating income calculated under variable costing. Assume that April's costs were the same as those of May. (Enter loss using either a negative sign preceding the number e.g.-2,945 or parentheses e.g. (2,945). Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 125.) Variable-costing net income /(loss) $ FMOH deferred in ending inventory FMOH released from beginning inventory Absorption-costing net income GA $