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

Selling price	$122
Units in beginning inventory	0
Units produced	8,300
Units sold	8,200
Units in ending inventory	100
Variable costs per unit:
Direct materials	$27
Direct labour	$46
Variable manufacturing overhead	$4
Variable selling and administrative	$7
Fixed costs:
Fixed manufacturing overhead	$199,200
Fixed selling and administrative	$106,600

Required: a) What is the unit product cost for the month under variable costing? 3 POINTS b) What is the unit product cost for the month under absorption costing? 3 POINTS c) Prepare an income statement for the month using the contribution format and the variable costing method. 6 POINTS d) Prepare an income statement for the month using the absorption costing method. 6 POINTS e) Reconcile the variable costing and absorption costing operating incomes for the month.