Nelson Corporation, which has only one product, has provided the following data concerning its most recent Selling price 118 Units in beginning inventory Units produced Units sold Units in ending inventory 325 6,300 6,340 285 Variable costs per unit: Direct materials Direct labor Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 25 16 $ 126,000 $ 76,080 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. a. Prepare a contribution format income statement for the month using variable costing Direct materials Direct labor Variable costing unit product cost b. Prepare an income statement for the month using absorption costing. Fixed expenses