SHOW ME HOW progresse false Absorption and Variable Costing Income Statements During the first month of operations ended July 31, Yo San Inc, manufactured 2.400 lat parations of which 2.000 sold Operating data for the month are summarized as follows: Sales Manufacturing costs: $2,150,000 Direct materials $960,000 Direct labor 420.000 Variable manufacturing cost 156,000 Fixed manufacturing cost 209,000 1.524 000 Selling and administrative expenses: Variable 5204.000 Fixed 96.000 300,000 Required: uvio. 1. Prizare an income statement based on the absorption conting.concept Yosan Inc. Absorption Costing Income Statement For the Month Ended July 31 Cost of goods sold O - c