1. Delight Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price.. $110 Units in beginning inventory... 0 Units produced 4,600 Units sold. 4,200 Units in ending inventory 400 Variable costs per unit: Direct materials $46 Direct labor.... $28 Variable manufacturing overhead $5 Variable selling and administrative... $10 Fixed costs: Fixed manufacturing overhead......... $55,200 Fixed selling and administrative.. $25,200 Required: a. What is the unit product cost for the month under absorption costing and 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.) (12 MARKS)