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that month. Assume all costs and production levels are exacty as planned. The following data ave from Alana's Foods's first month in busines: (Click the icon to view the data) Read the tequirements- Requirement 1. Compute the product cost per mead peoduced under absoptoe costing and under variable cosfing, (Flound your answers bo the nearest cent) Data table Requirement 2a. Prepare Alana's Foodss January income statement using absombon costng : Requlrement 2b. Prepare Aasa's Foods's January income statement ising vohatie costing. Alaria's Foods produces frozen meals that it sels for $8 each. The company computes a new monthly fiand manufacturing overtead allocaton rate based on the plamed nunber of meals to be produced that month. Assume all costs and production levels are exactly as planned. The folowing data are from Alana's Foods's frot month in business: (Clek the icon so view the data) Read the regurementh. Data table Requirement 2b. Propare Aara's Foodw's danuary income sakement ining varable cosing Requirement 3. Is operating income higher under absorption coating or vartable costing in January? In danuary, absorpton costng egerating income variable oosting operating incemte Alana's Foods produces frozen meals that it sells for $8 each. The company computes a new monthly fixed manufacturing overhead alloc that month. Assume all costs and production levels are exactly as planned. The following data are from Alana's Foods's first month in busi (Click the icon to view the data.) Read the requirements. kequirement 3. is operaung income ngner under absorption costing or variable costing in January? In January, absorption costing operating income variable costing operating income. Requirement 2b. Prepare Alana's Foods's January income statement using variable costing. Requirement 3. Is operating income higher unde variable costing in January? In January, absorption costing operating income variable costing operating income