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Nelter Corporation, which has only one product, has provided the following data conceming its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per uniti Direct materials Direct labor 113 320 5,920 6,050 190 42 22 Variable manufacturing overhead Variable selling and administrative 15 expense Fixed costs Fixed manufacturing overhead Fixed selling and administrative $106,560 $ 72,600 expense The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an Income statement for the month using absorption costing Complete this question by entering your answers in the tabs below. Reqgred Required Prepare a contribution format income statement for the month using variable costing. Varlable Costing Income Statement Variable expenses Fixed expenses C Required A Required B Pacheo Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and adninistrative 108 955 2,390 3,000 345 25 20 14 expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $ 9,000 $64,530 The compeny produces the same number of units every month, although the sales in units vary from month to month The compeny's varlable costs per unit and total fixed costs have been constant from month to month. Required: a What is the unit product cost for the month under variable costing? b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint Use the reconciliation method.) Complete this question by entering your answers in the tabs below. Required Required Required B A C What is the unit product cost for the month under variable costing? Cost per Unit Variabie costing