ABC Company, which has only one product, has provided the following data concerning its most recent month of operations: [14 marks) Selling price Units in beginning inventory Units produced Units sold 4,200 Units in ending inventory 400 Variable costs per unit: Direct materials 546 Direct labour IEarialrrle manufacturing overhead $5 Variable selling and administrative $ 10 Fixed coats : Fixed manufacturing overhead $55 , 2 D D Fixed selling and administrative $25,200 Required: a} What is the unit product cost for the month under variable costing? [2 marks] b) Prepare an income statement for the month using the contribution format and the variable costing method. (you can use a collapsed cost of goods sold [i.e. one number] or an expanded cost of goods sold (i.e. using inventory}. [8 marks] :1 Without preparing an income statement, determine the absorption costing operating income for the month. (Hint: Use the reconciliation method.) (4 marks)