CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 2 Not completePoints out of 20.00 Rag question Variable and Absorption Costing-Service Company $175. The variable and fixed cost data are as follows: Lawn RX Inc. prepares a variable costing income statement for internal management and an absorption costing income statement for its bank. Lawn RX provides a quarterly lawn care service that is sold for Direct labor $100.00 Overhead $23.00 Variable cost per unit Fixed cost Marketing general and administrative Variable cost (per service contract completed) Administrative expenses tfoced-per month) $100,000 $24.00 $42,000 During 2016, 10,000 service contracts were signed and 9,500 service contracts were completed. Lawn RX had no service contracts at the beginning of the a. Calculate reported income for management. Do not use negative signs with any answers. Absorption Costing Income Statement Saies Cost of Goods Sold: Beginning inventory Variable Costs O Type here to search