Brock Company produces and sells an industrial product. The company has just opened a new plant to manufacture the product, and the following cost and revenue data have been provided for the first month of the plant's operation Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: 0 41,000 36,000 84 Variable per unit Fixed (total) $555,000 S 16 4 Manufacturing costs Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per uni S Fixed manufacturing overhead cost (total) $ 738,000 Required 1. Assume that the company uses absorption costing a. Determine the unit product cost. Unit product cost b. Prepare an income statement for the month. (Input all amounts as positive values except losses which should be indicated by a minus sign.) Absorption Costing Income Statement Sales $ 3024000 Cost of goods sold Gross margin Selling and administrative expenses Net operating income