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Maher Corporation, which has only one product, has provided the following data conceming its most recent month of operations: Selling price Units produced 3 ,

Maher Corporation, which has only one product, has provided the following data conceming its most recent month of operations:
Selling price
Units produced 3,418
Units sold Units in ending inventory 3,3,180238
Variable costs per unit:
Direct materials $48
Direct labor $ $ 55
Variable manufacturing overhead $ 13
Variable selling and adrinistrative expense , $ 12
Fixed costs:
Fixed manufacturing overhead $ $102,390
Fixed selling and adrinistrative $12,720
Requlred:
a. What is the unit product cost for the month under variable costing?
b. What is the unit product cost for the month under absorption costing?
c. Prepare a contribution format income statement for the month using variable costing.
d. Prepare an income statement for the month using absorption costing.
e. Reconcile the variable costing and absorption costing net operating incomes for the month.
Complete this question by entering your answers in the tabs below.
\table[[Required A,Required B,Required D,Required E,,,],[Reconcile the variable costing and absorption costing net operating incomes for the month.],[Reconciliation of Variable Costing and Absorption Costing Net Operating Incomes],[Variable costing net operating inoome (loss),,$,8.0000],[Add: Fixed manufacturing overhead costs released from inventory under absorption costing,8,,6.9000],[Absorption costing net operating income (loss),,,159.0008]]
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