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- X Data table January February March Unit data: Beginning inventory 0 150 150 Production 1,000 975 1,060 Sales 850 975 1,085 Variable costs: $ 850 $ 850 $ 850 $ 650 $ 650 $ 650 Manufacturing cost per unit produced Operating (marketing) cost per unit sold Fixed costs: Manufacturing costs Operating (marketing) costs $ 420,000 $ 420,000 $ 420,000 $ 180,000 $ 180,000 $ 180,000 Print Done Homework: Chapter 9 Inventory Costing and Capacity Question 1, E9-23 (similar to) Part 1 of 9 HW Score: 0%, 0 of 12 points Points: 0 of 4 Save Amazing Screen Corporation manufactures and sells 50-inch television sets and uses standard costing. Actual data relating to January, February, and March 2020 are as follows: B (Click to view the data.) The selling price per unit is $3,700. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 1,000 units. There are no price, efficiency, or spending variances. Any production-volume variance is written off to cost of goods sold in the month in which it occurs. . Read the requirements. Requirement 1. Prepare income statements for Amazing Screen in January, February, and March 2020 under (a) variable costing and (b) absorption costing. (a). Prepare income statements for Amazing Screen in January, February, and March of 2020 under variable costing. Complete the top half of the income statement for each month first, then complete the bottom portion. (Complete all input fields. Enter a "0" for any zero balance accounts.) January 2020 $3,145,000 February 2020 $ 3,607,500 March 2020 $ 4,014,500 $ 0 0 1275.00 Revenues Variable cost of goods sold: Beginning inventory Variable manufacturing costs Cost of goods available for sale Deduct ending inventory Variable cost of goods sold 1,275,00 828,750 850,000 901,000 850,000 956,250 (127,500) 1,028,500 131750 (127,500) Variable operating costs Contribution margin