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: Required: 1. Determine the unit product cost under: a. Absorption costing. b. Varlable costing. 2. Prepare varlable costing income statements for July and August. 3. Reconclie the varlable costing and absorption costing net operating incomes. Complete this question by entering vour answers in the tabs below