$ 115 385 Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operati Selling price Units in beginning inventory Units produced 6,450 Units sold 6,23 Units in ending inventory ses Variable costs per unit: Direct materials $ 42 Direct labor $ 22 Variable manufacturing overhead 5.2 Variable selling and administrative expense $ 19 Fixed costs: Fixed manufacturing overhead $ 199,650 Fixed selling and administrative expense $ 74,750 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