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

The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing.

Selling price... $92 Units in beginning inventory Units produced. 300 5,900 6,000 200 13), Variable costs per unit: $39 $19 $2 $11 Direct materials. Direct labor. Variable manufacturing overhead.. Fixed costs: $88,500 $36,000 Fixed selling and administrative