Information taken from Horner Corporation's May accounting records follows: Required: A. Assuming the use of varlable costing, compute the inventorlable costs for the month. B. Compute the month's inventorlable costs by using absorption costing. C. Assume that anticipated and actual production totaled 32,000 units, and that 24,000 units were sold durng May. Determine the amount of fixed manulacturing overhead and freed selling and administrative costs that would be expensed for the month under (i) variable costing and (2) absorption costing. D. Assume the same data as in requirement "C." Compute the contribution margin that would be reported on a varlable costing income statement