37) Nelter Corporation, which has only one product, has provided the following data concerning its mo of Selling price Units in beginning inventory $ 121 400 5,600 5,800 200 Units produced Units sold Units in ending inventory Variable costs per Direct materials Direct labor unit: 49 Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $140,000 $ 52,200 company's variable costs per unit and total fixed costs have been constant from month to month. Required: The company p y produces the same number of units every month, although the sales in units vary from roduces a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing of 12 Page 10