My Company, has the following data concerning a single product, during the month of October: 2 / 2 100% + Selling price $95 Units in beginning inventory 100 Units produced 6,200 Units sold 5,900 Units in ending inventory 400 Variable costs per unit: 5 A Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $42 28 $62,000 35,400 Assume the company uses level production, producing the same number of units every month. The company's variable costs per unit and total fixed costs have also been constant from month to month, however sales may vary. Required: 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 an income statement for the month using the contribution format and the variable costing method. d) Prepare an income statement for the month using the absorption costing method. e) Reconcile the variable costing and absorption costing operating incomes for the month. fi ANO ENG 5:50 PM 02/01/2021