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(2) Dona Corporation produces a single product. Data concerning the company's operations last below: Units in beginning inventory Units produced 12,000 Units sold 11.250 Selling

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(2) Dona Corporation produces a single product. Data concerning the company's operations last below: Units in beginning inventory Units produced 12,000 Units sold 11.250 Selling price per unit $90 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs in total: Fixed manufacturing overhead Fixed selling and administrative $180,000 $150,000 Required: Compute the unit product cost under both absorption and variable costing. 2. Prepare an income statement for the year using absorption costing. 3. Prepare a contribution format income statement for the year using variable costing. 4. Prepare a report reconciling the difference in net operating income between absorpti costing for the year. Dired Mastenal

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