Denton Company manufactures and sells a single product. Cost data for the product are given:$$51021$$$18$$$54,000175,000$$$220,000$

The product sells for $$54$ per unit. Production and sales data for July and August, the first two months of operations, follow.

Required:

Determine the unit product cost under:

a$.$ Absorption costing.

b$.$ Variable costing.

Prepare variable costing income statements for July and August.

Reconcile the variable costing and absorption costing net operating incomes.

Required:

Determine the unit product cost under:

a$.$ Absorption costing.

b$.$ Variable costing.

Prepare variable costing income statements for July and August.

feconcile the variable costing and absorption costing net operating incomes.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $2$

Required $3$

Prepare variable costing income statements for July and August.

Reconcile the variable costing and abserption costing nat operating Incomes. Note: Enter any losses or deductions as a negative yalue:

$\backslash$table$[[$Denton Cornpany,,$],[,$Variable Costing lincome Statement,$],[,$July,$],[,$August,$],[,,]]$