Coverall Inc. produces and sells a unique type of case for a standard-size tablet computer that is guaranteed waterproof but all allows for regular functionality of the tablet. The company has just opened a new plant to manufacture these cases, and the following cout and revenue data have been provided for the first month of the plant's operation in the form of a worksheet 34,000 22,000 95 Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses Variable per unit Fixed (total) Manufacturing costs Direct materials cost per unit Direct labour cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost (total) $ 5572,000 $ 21 9 $ 2 5664,000 Since the new case is unique in design, management is anxious to see how profitable it will be and has asked that an income statement be prepared for the month Required: 1. Assume that the company uses absorption costing a. Determine the unit product cost Unit product cost Prev Next 1 of 1 2C Sunny que muesign, management is arocious to see how profitable it will be and has asked that an income statement be prepared for the month Required: 1. Assume that the company uses absorption costing. a. Determine the unit product cost Unit product cont b. Prepare an income statement for the month (Do not leave any empty spaces input a wherever it is required) Cost of goods sold Prev Nerd 1 of 1 2. Assume that the company uses variable costing a. Determine the unit product cost Hello Una product com b. Prepare a contribution format income statement for the month (Do not leave any empty spaces: input so wherever it is required) Variable expenses Variable cost of goods sold Fbred expenses Ned 1 of 1