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d. Prepare an income statement for the month using absorption costing. (Input all amounts as positive values except losses which should be indicated by a

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d. Prepare an income statement for the month using absorption costing. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.)

e.

Reconcile the variable costing and absorption costing net operating incomes for the month. (Omit the "$" sign in your response.)

Maga Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 174 Units in beginning inventory Units produced 3,770 3,450 Units sold 320 Units in ending inventory Variable costs per unit: Direct materials 47 Direct labor 57 Variable manufacturing overhead Variable selling and administrative 11 Fixed costs: 113.100 Fixed manufacturing overhead 13,800 Fixed selling and administrative Required: a. What is the unit product cost for the month under variable costing? (Do not round intermediate calculations. Omit the sign in your response.) Cost per unit Variable costing b. What is the unit product cost for the month under absorption costing? (Omit the sign in your response.) Cost per unit Absorption costing c. Prepare a contribution format income statement for the month using variable costing. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the sign in your response.) Variable Costing Income Statement (Click to select Variable expenses Click to select Click to select Click to select Fixed expenses

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