YALE COMPANY Variable Costing Income Statement Prior Year Current Year Less: Cost of goods sold Available for sale Cost of goods sold Contribution margin Less: Selling and administrative costs TITUTIILI LILULILULILULILULUI Prepare a reconciliation of the difference each year in the operating income resulting from using the full costing method and variable costing method. (Negative amounts should be indicated by a minus sign. Round your "Fixed overhead rate" answers to 2 decimal places.) ................................................................................... ................................................................................. YALE COMPANY Reconciling Difference in Operating Income Between Full and Variable Costing Prior Year Change in inventory in units x fixed overhead rate Difference in operating income Current Year