Abe Company, which has only one product, has provided the following data concerning its most recent month of operations:

1. Compute the unit product cost under absorption costing.
2. Compute the unit product cost under variable costing.
3. Prepare an income statement using absorption costing.
4. Prepare an income statement using variable costing.

$126 0 8,70 8,400 300 Selling price.... Units in beginning inventory. Units produced.... Units sold........... Units in ending inventory Variable costs per unit: Direct materials. Direct labor.... Variable manufacturing overhead. Variable selling and administrative..... Fixed costs: Fixed manufacturing overhead............ Fixed selling and administrative $30 $18 S156,60 S151,200