Question: On June 30 2014 the end of the first month

On June 30, 2014, the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on the variable costing concept:

a. Prepare an absorption costing income statement.
b. Reconcile the variable costing income from operations of $ 1,255,000 with the absorption costing income from operations determined in(a).
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