Buddy, Inc. produces and sells only one product. The following data refer to the year just completed: Beginning Inventory 0 units Units produced.... 10,000 Units sold..... 8.000 Sales price per unit. $250 $ 12 Variable selling and administrative expenses per unit Fixed Selling and administrative expenses (Total) Manufacturing Costs: $190,000 Direct materials cost per unit. ta 50 Direct labor cost per unit. $ 75 Variable manufacturing overhead cost per unit........ 15 Fixed manufacturing overhead (Total)... $160,000 Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare a contribution format income statement for the year using variable costing. d. Prepare an income statement for the year using absorption costing