Faxon Company, which has only one product, has provided the following data concerning its most recent month of operations: selling price $137 units in beg. inventory 0 units produced 3,000 units sold 2900 units in beg. inv. 100 VC per unit direct material 40 variable cost per unit 53 var. manufacturing OH 6 variable selling and admin 9 fixed fixed manuf, OH $69,000 Fixed selling and admin 5,800 What is the product cost per unit using absorption costing? Using variable costing? What is the value of the ending inventory using absorption costing? Using variable costing? Prepare an income statement for the month using the absorption costing method (traditional income statement). Prepare an income statement for the month using the variable costing method and the contribution format income statement. Reconcile the variable costing and absorption costing net operating incomes for the month.