YORKVILLE UNIVERSITY BUSI2083: INTRODUCTION TO MANAGERIAL ACCOUTING LEARNING ACTIVITY 4 4K Play Inc. manufactures and sells 50-inch television and uses standard costing. Actual data relating to January, February, and March 2018 are: January February March Unit data: Beginning inventory 0 300 300 Production 1,000 800 1,250 Sales 700 800 1,500 Variable costs: $ 900 $ 900 $ 900 Manufacturing cost per unit produced Operating (marketing) cost $ 600 $ 600 $ 600 per unit sold W Fixed costs: $400,000 Manufacturing costs $400,000 $400,000 $140,000 $140,000 $140,000 Operating (marketing) costs The selling price per unit is $3,000. Required 1. Present statements of comprehensive income for January, February, and March of 2018 under (a) variable costing and (b) absorption costing, 2. Explain the difference in operating income for January, February, and March under variable costing and absorption costing