March 9-29 Variable and absorption costing, explaining operating income differences. Sony Corporation man. Exercises ufactures and sells 50-inch television sets. Data relating to January, February, and March are January February Unit data 300 0 Beginning inventory 800 1,000 Production 800 Sales 700 300 1,250 1,500 Rs Rs 9,000 6,000 Variable costs 9,000 Rs 9,000 Manufacturing cost per unit produced 6,000 6,000 Operating cost per unit sold Fixed costs Manufacturing costs Rs 40,00,000 Rs 40,00,000 Operating costs 14,00,000 14,00,000 The selling price per unit is Rs 25,000 1. 1. Present income statements Sony in January, February, and March under (a) variable costing and (b) absorption costing 2. 2. Explain differences between (a) and (b) for January, February, and March Rs 40,00,000 14,00,000 9.30