PR $21-1$B Absorption and variable costing income statements

Obj. $1,2$

During the first month of operations ended July $31,$ YoSan Inc. manufactured $2,400$ flat panel televisions, of which $2,000$ were sold. Operating data for the month are summarized as follows:

Sales

$$2,150,000$

Manufacturing costs:

Direct materials

Direct labor

Variable manufacturing cost

Fixed manufacturing cost

Selling and administrative expenses:

Variable

Fixed

$\backslash$table$[[$$$960,000$