answer this question completely do steps 2 &4

Dance Creations manufactures authentic Hawaiian hula skirts that are purchased for traditional Hawaiian celebrations, costume parties, and other functions. During its first year of business, the company incurred the following costs:

Variable Cost per Hula Skirt
Direct materials	$	9.60
Direct labor		3.40
Variable manufacturing overhead		1.05
Variable selling and administrative expenses		0.40
Fixed Cost per Month
Fixed manufacturing overhead	$	16,125
Fixed selling and administrative expenses		4,950

Dance Creations charges $30 for each skirt that it sells. During the first month of operation, it made 1,500 skirts and sold 1,375.

2-Complete a variable costing income statement for last month. (Round your answers to 2 decimal places.)

4-Complete a full absorption costing income statement. (Round your intermediate calculations and the final answers to 2 decimal places.)

use only these word choices in the columns

• Beginning Inventory
• Cost of Goods Sold
• Ending Inventory
• Fixed Costs
• Fixed General and Administrative Expense
• Fixed Manufacturing Overhead
• Interest Expense
• Net Income After Taxes
• Sales Revenue
• Selling and Administrative Expenses
• Variable Costs
• Variable Selling Expenses