Denton Company manufactures and sells a single product. Cost data for the product are given:

The product sells for $$47$ per unit. Production and sales data for July and August, the first two months of operations, follow:

The company's Accounting Department has prepared the following absorption costing income statements for July and August: $1.$ Determine the unit product cost under:

a$.$ Absorption costing. b$.$ Variable costing.

$2.$ Prepare variable costing income statements for July and August.

$3.$ Reconcile the variable costing and absorption costing net operating incomes.