Question: 1. Prepare an income statement based on the absorption costing concept. YoSan Inc. Absorption Costing Income Statement 2. Prepare an income statement based on the

YoSan Inc. Absorption Costing Income Statement 2. Prepare an income statement based

on the variable costing concept. YoSan Inc. Absorption and Variabie Costing Income

1. Prepare an income statement based on the absorption costing concept. YoSan Inc. Absorption Costing Income Statement 2. Prepare an income statement based on the variable costing concept. YoSan Inc. Absorption and Variabie Costing Income Statements During the first month of operations ended July 31, YoSan Inc, manufactured 12,100 nat panel televisions, of which 11,400 were soid. Operating data for the month are summarized as follows

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