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2) L. Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 5 138 Units

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2) L. Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 5 138 Units in beginning inventory 500 Units produced 4100 Uits sold 4.300 Unsin ending inventory 300 Variable costs per unit: Direct materials $ 31 Direct labor $ 59 Variable manufacturing overhead $ 4 Variable selling and administrative expense $ 9 Fund costs Fixed facturing overhead $ 94 300 Fixed selling and administrative pense $ 47.300 The company produces the same number of units every month, although the sales in unit vwy from month to mouth. The company's variable costs per unit and total fixed costs have been content from south to mouth Required: 2. What is the unit product cost for the month under variable conting? b. What is the mit product cost for the most under scorption costing? c. Prepare a contribution format income statement for the mouth using variable costing d. Prepare an income statement for the month using absorption conting

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