Maga Company, which has only one product, has provided the following data concerning its most recent month of operations:

Selling price	$	187
Units in beginning inventory		0
Units produced		3,180
Units sold		2,810
Units in ending inventory		370
Variable cost per unit:
Direct materials	$	52
Direct labor	$	58
Variable manufacturing overhead	$	15
Variable selling and administrative	$	17
Fixed costs:
Fixed manufacturing overhead	$	111,300
Fixed selling and administrative	$	8,430

Required:

a.

What is the unit product cost for the month under variable costing? (Do not round intermediate calculations. Omit the "$" sign in your response.)

b.

What is the unit product cost for the month under absorption costing? (Omit the "$" sign in your response.)

c.

Prepare a contribution format income statement for the month using variable costing. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.)

d.

Prepare an income statement for the month using absorption costing. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response.

e.	Reconcile the variable costing and absorption costing net operating incomes for the month. (Omit the "$" sign in your response.)