Linden Company manufactures and sells a single product. 6.00 Cost data for the product as follows: Variable costs per unit: Direct materials $ Direct labor Variable factory overhead Variable selling and administrative 12.00 4.00 3.00 Fixed costs per month: Fixed manufacturing overhead $240,000 Fixed selling and administrative 180,000 The product sells for $40 per unit. Production and sales data for May and June, the first two months of operations, are as follows: Units Units Produced Sold May 30,000 26,000 June 30,000 34,000 Required: 1. Determine the unit product cost under: a. Absorption costing b. Variable costing. 2. Prepare Income Statement under Absorption costing for the month of May Only 3. Prepare contribution format variable costing income statements for May and June. 4. Reconcile the variable costing and absorption costing net operating income of May