PR 20-1A Absorption and variable costing income statement During the first month of operations ended August 31 Kodiak Fridgeration Company manufactured 80,000 mini refrigerators, of which 72,000 were sold Operating data for the month are summarized as follows: $10,800,000 Manufacturing costs: 6,400,000 1,600,000 1,280,000 320,000 Direct labor Variable manufacturing cost 9,600,000 Selling and administrative expenses: 1,080,000 180,000 1,260,000