10.00 points Linden Company manufactures and sells a single product Cost data for the product follow Variable costs per unit 54 10 Direct matenials Direct labor Vaniable factory overhead Variable selling and administrative Total vanable costs per unit 520 Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative S 72000 169.000 Total Sxed cost per month 241,000 The product selis for 54 operations, are as follows 7per unit Production and sales data for May and June, the first two months of May 14 000 18.000 18000 22.000 income statements prepared by the accounting department, using absorption costing, are presented below 5 658.000 $1.034000 434 000 Cost of goods sold Gross margin Selling and administrative expenses Net operating income 06 000 350,000 550.000 213.000 197.000 5 153 000 $ 337000 1. Determine the unit product cost under absorption costing and variable costing costing Variable costing 2. Prepare contribution format vaniable costing income staloments for May and June (Input all amounts as positive values except losses which should be indicated by a minus sign Onit the "5" sign in 153 000 337 000 Absorption costing Variable costing 2 Prepare contribution format variable costing income satmnts or May and June Input all amounts which should be indicated by a minus sgr. 0 t -sign in as positive Variable expenses Cack to select Click to select Toal vanable expenses Ckck to select Fixed espenses Toal ixed expenses ckck to select 1. Reconcle the varable conng and absorption costing net operating incomes Loss amounts an References eBook& Resources Worksheet Learning Objective: 06-01 Explain how variable cocting Difficulty: Medium Learmng Obiectve: 06-02 Prepare income statlerments using both verabie