Denton Company manufactures and sells a single product Cost data for the product are given: $ Variable costs per Direct uterials Direct laber Varile manufacturing overhead Variable selling and strative Total variable cost per unit Fixed costs per the Fixed aufacturing overhead Fixed selling and administrative Total Fixed cost per month $ 120,000 172.00 5.292, The product sells for $46 per unit. Production and sales data for July and August, the first two months of operations, follow. July Units Produced 3.de 30, Units Sold 25. 34, The company's Accounting Department has prepared the following absorption costing income statements for July and August July 51,196, 24, 572,00 August $ 1,564,000 Sales Cost of goods sold Gross marge Selling and adestrative expenses Net operating income 14.0 274. 474, 5 Required: 1. Determine the unit product cost under a. Absorption costing Variable costing 2. Prepare variable costing income statements for July and August 3. Reconcile the variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below. Required: Required 2 Required Prepare variable costing income statements for July and August Denton Company Variable Costing Income Statement July Awoust $ 1.100.000 $ 1.564.000 Bas Varate cost of goods sold Variable dataverse 624 000 250.000 610.000 274.000 falantes Contribution 14.000 322.000 1.000.000 474,000 210.000 250.000 Net og 274.000 21400