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2 Problem 6-22 (Algo) Variable Costing Income Statements; Income Reconciliation (L06-1, LO6-2, L06-3) 666 S 2013 Denton Company manufactures and sells a single product Cost data for the product are given: Variable conte per unit Direct materiale Direct labor Variable tacturing overhead Variable selling and administrative Total variable coat per unit $17 Tixed conte per month Fixed Manufacture overhead $81,000 Fixed selling and administrative 160.000 Total fixed cost per month $ 241.000 The product sells for $53 per unit. Production and sales data for July and August, the first two months of operations, follow: Units Produced Unit Sold July 27.000 23,000 August 27,000 31.000 The company's Accounting Department has prepared the following absorption costing income statements for July and August July gust sales $ 1.219,000 5 1,643,000 Coat of goods old 414.000 558,00D Gross margin 805,000 1.085,000 Selling and administrative expenses 206.000 222.000 Het operating income 5.599,000 $ 863,000 Check my work 2 6.66 Du August 27,000 31.000 The company's Accounting Department has prepared the following absorption costing Income statements for July and August July Sales $ 1.219,000 5 1,643.000 cost of yoods sold 425 000 358.000 Gross margin 105.000 1.085.000 Selling and administrative expenses 200.000 222.000 Tietoperating in $363.000 03 och Here Required: 1. Determine the unit product cost under: a. Absorption costing b. Variable costing 2. Prepare variablo costing income statements for July and August 3. Reconcile the variable costing and absorption costing net operating incomes Complete this question by entering your answers in the tabs below. Required t Required Required) Determine the unit product cost under: (a) Absorption costing, (b) Variable costing Unit Product Cost a Abson costing Variable costing Required 2 >