Essay Questions 8. Qiu Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price.... $117 Units in beginning inventory. Units produced.. Units sold.. Units in ending inventory. 0 3,300 3,200 100 Variable costs per unit: Direct materials.. Variable manufacturing overhead.... Variable selling and administrative.... 531 S37 $2 $7 Fixed costs: Fixed manufacturing overhead si 12,200 Fixed selling and administrativeS6,400 Required: a What is he unit rodfde ariablcosin b. Prepare a contribution format income statement for the month using variable costing. c. Without preparing an income statement, determine the absorption costing net operating income for the month. (Hint: Use the reconciliation method.)