Leander Office Products inc. produces and sells small storage and organizational products for office use. During the first month of operations, the products sold woll. Andrea Leander, the owner of the company, was surprised to see a loss for the month on her income statement. This statement was prepared by a local bookkeeping service recommended to her by her bank manoget, The statementfollows: "Consists of direct materlals, direct labour, and variable manufacturing overhead. Leander ts diecouraged arer the fors shown for the month, porticularly since sha had planned to use the statement to encourage investors to purchase shares in the new company. A friend who is an accountant insists that the company should be using abiorption costing rather than variable costing. He arpues that if absorption costing had been used, the company would probably have reported a protit for the month. Selected cont date relating to the product and to the first month of operations follow: c. Reconcile the variable and absorption costing operating income (loss) figures. (Loss amounts should be entered with a minus sign.) 2. This part of the question is not part of your Connect assignment. 3. During the second month of operations, the company again produced 57,600 units but sold 69,600 units. (Assume no change in total fixed costs.) a. Prepare a contribution format income statement for the month using variable costing. a. Compute the unit product cost under absorption costing. (Round your answer to 2 decimal places.) b. Redo the company's income statement for the month using absorption costing. (Do not leave any empty spaces; input a 0 wherever it is required.)