1. Duber Corporation, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price $ 120

Units in beginning inventory 0

Units produced 8,900

Units sold 8,400

Units in ending inventory 500

Variable costs per unit:

Direct materials $ 38

Direct labor $ 36

Variable manufacturing overhead $ 6

Variable selling and administrative expense $ 9

Fixed costs: Fixed manufacturing overhead $ 151,300

Fixed selling and administrative expense $ 109,200

1. Calculate the unit product cost under variable costing.
2. Prepare a contribution format income statement for the month using variable

costing.

3. Calculate the unit product cost under absorption costing.
4. Prepare an income statement for the month using absorption costing.