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Dilon Company, which has only one product, has provided the following data concerning its most recent month of operations Selling price 505 Unin beginning inventory

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Dilon Company, which has only one product, has provided the following data concerning its most recent month of operations Selling price 505 Unin beginning inventory 100 Unite produced 6220 Un sold 520 Unitsin ending inventory 600 Variable conto per unit Direct matonals $42 Direct labour $22 Variable manufacturing overhead 51 Variable selling and administrative 56 Fixed cost Fored manufacturing overhead $62220 Fixed sind administrative 330.000 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month Required: a) What is the unit product cost for the month under variable costing? b) What is the unit product cost for the month under absorption costing? c) Prepare an income statement for the month using the contribution format and the variable costing method d) Prepare an income statement for the month using the absorption costing method .) Reconcile the variable costing and absorption costing operating Incomes for the month

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