Coverall Inc. produces and sells a unique type of case for a standard size tablet computer that is guaranteed waterproof but still allows for regular functionality of the tablet. The company has just opened a new plant to manufacture these cases, and the following cost and revenue data have been provided for the first month of the plants operation in the form of a worksheet: Beginning inventory 0, the unit produced 20000, unit sold 15000, selling price per unit $80 Selling and administrative expenses: Variable per unit$6, Fixed(total)475000 Manufacturing costs: Direct material per unit $12, direct labor per unit $9, variable manufacturing overhead cost per unit$5, Fixed manufacturing overhead cost $600000

Please help me to solve this Required: prepare an income statement for the month and prepare a contribution format income statement for the month