Beginning inventory	0
Units produced	49,000
Units sold	44,000
Selling price per unit	$81
Selling and administrative expenses:
Variable per unit	$2
Fixed (total)	$562,000
Manufacturing costs:
Direct materials cost per unit	$18
Direct labor cost per unit	$9
Variable manufacturing overhead cost per unit	$4
Fixed manufacturing overhead cost (total)	$980,000

Assume that the company uses variable costing.

(a)	Determine the unit product cost. (Omit the "$" sign in your response.)

Unit product cost

$

(b)	Prepare a contribution format income statement for May. (Input all amounts as positive values. Omit the "$" sign in your response.)

(Click to select) Variable manufacturing costs Beginning inventory Sales Ending inventory Goods available for sale		$
Variable expenses:
(Click to select) Goods available for sale Variable cost of goods sold Sales Ending inventory Variable selling and administrative expenses	$
(Click to select) Sales Variable selling and administrative expenses Goods available for sale Ending inventory Variable cost of goods sold
(Click to select) Variable manufacturing costs Contribution margin Fixed manufacturing overhead Beginning inventory Ending inventory
Fixed expenses:
(Click to select) Goods available for sale Fixed manufacturing overhead Fixed selling and administrative expenses Sales Ending inventory
(Click to select) Sales Fixed manufacturing overhead Fixed selling and administrative expenses Goods available for sale Ending inventory
(Click to select) Net operating income Net operating loss		$