Question: Category Value Sales Revenue $1,000,000 Variable Production Costs $460,000 Variable Selling & Administration $40,000 Fixed Selling & Administration $25,000 Variable Manufacturing Overhead $50,000 Fixed

Category Value Sales Revenue $1,000,000 Variable Production Costs $460,000 Variable Selling & Administration $40,000 Fixed Selling & Administration $25,000 Variable Manufacturing Overhead $50,000 Fixed Manufacturing Overhead $100,000 a. Use the data on JH International to prepare the income statement for the firm using absorption costing. Use the table below to prepare your income statement.

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