In Excel, create a solution with one excel tab labelled \"Actual" and one tab labelled \"Standard\". {Do NOT use my spreadsheets.) All cells on the income statement MUST be linked to the raw data that is shown at the top of each spreadsheet. Your solution needs to have the following items in the following order: The tab called \"ACTUAL\" MUST contain: 3. Raw data for units and all costs for ACTUAL costing AT THE TOP OF THE SPREADSHEET. b. Variable costing (contribution margin) income statement using ACTUAL costing for October and November. c. Absorption costing (gross margin} income statement using ACTUAL costing for October and November. The tab called \"STANDARD" MUST contain: d. Raw data for units and all costs for STANDARD costing AT THE TOP OF THE SPREADSHEET. e. Variable costing (contribution margin) income statement using STANDARD costing for October and November. f. Absorption costing (gross margin) income statement using STANDARD costing for October and November. Beta Products Ltd. has just created a new division to manufacture and sell a tness tracker. The facility is highly automated and has high monthly xed costs, as shown in the following schedule of budgeted monthly costs- This schedule was prepared based on an expectation of a monthly production volume of 1,350 units. Manufacturing costs: Direct materials per unit $20 Direct manufacturing labour per unit $15 Variable manufacturing overhead per unit $10 Total xed manufacturing overhead $54,000 per month Marketing costs: Variable marketing 6% of sales Total xed marketing overhead $52,000 per month The selling price per unit is $130. The following activity was recorded: Units sold 1,100 1,450