Question: 1. need help with explaination 1. Compute the product cost per meal produced under absorption costing and under variable costing. 2. Prepare income statements for



1. Compute the product cost per meal produced under absorption costing and under variable costing. 2. Prepare income statements for January using: a. absorption costing. b. variable costing. 3. Is operating income higher under absorption costing or variable costing in January? Data table Requirement 2a. Prepare Alana's Foods's January income statement using absorption costing Requirement 2b. Prepare Alana's Foods's January income statement using variable costing. Requirement 3. Is operating income higher under absorption costing or variable costing in January? In January, absorption costing operating income variable costing operating income. 1. Compute the product cost per meal produced under absorption costing and under variable costing. 2. Prepare income statements for January using: a. absorption costing. b. variable costing. 3. Is operating income higher under absorption costing or variable costing in January? Data table Requirement 2a. Prepare Alana's Foods's January income statement using absorption costing Requirement 2b. Prepare Alana's Foods's January income statement using variable costing. Requirement 3. Is operating income higher under absorption costing or variable costing in January? In January, absorption costing operating income variable costing operating income
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