Help The Dorset Corporation produces and sells a single product. The following data refer to the year just completed: Beginning inventory Units produced Units sold 31,600 29,680 S 414 Selling price per unit Variable per unit Fixed per year $21 621,680 Manufacturing costs: 12 Direct materials cost per unit s 216 s 50 S37 $379,200 Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead per year Assume that direct labor is a variable cost Required a. Comp b. Prepare an income statement for the year using absorption costing ute the unit product cost under both the absorption costing and variable costing approaches. c. Prepare d. Reconcile the absorption costing and variable costing net operating income figures in (b) and (c) above an income s Complete this question