Absorption Costing Income Statement On June 30 , the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on the varlable costing concept: restask Theoc My Work a. Pitview the absorplion costing incomo statoment. b. Peconcle the variable costing income from operations of $146,000 with the absorption costing income from operations determined in (o). Reconciliation of Variable and Absorption Costing Income