Question #1 (i just need help on part B)

Question #2

thank you in advance

The actual and planned data for Underwater University for the Fall term were as follows: Registration, records, and marketing costs vary by the number of enrolled students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost, a. Prepare a variable costing income statement showing the controution margin and income from operations for the Fall term. b. Prepare a contribution margin analysis report comparing planned with actual performance for the Fall term. If an amount is zero, enter " 0 ". summarized as lollowa- 1. Prepare an income statement based on the absombon costing concept. Reter to the Ists of Labely and Amount Dascriptions for the axact wording of the answer choices for text entries. Be sure fo complefe the statement heading: A colon (\$) will automadcaly appear if required Enter inventory, August 31 as a negative number using a minus syn. if a net kss is incirred. enter that amount as a negative number ushg a minus sign 2. Prepare an incame statement based on the variable costing concept. Roter to the fets of Labels and Anount Descripfions for the exact wording of the answer choices far fext entries. Be. sure fo complote the statement hoading. A colon (i) wil automaticaly appear if required. Enter invoritary, August 31 as a negative number using a minus sign It a ner loss is incurred, enter thas anout as a negative number using a minus sign