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Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 124 Units in beginning

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Nelter Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price 124 Units in beginning inventory 380 Units produced 6, 810 Units sold 6, 620 Units in ending inventory 570 Variable costs per unit: Direct materials 41 1:41 Direct labor 26 Variable manufacturing overhead N Variable selling and administrative expense 19 Fixed costs: Fixed manufacturing overhead $136, 200 Fixed selling and administrative expense $ 66, 200 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. Required: a. Prepare a contribution format income statement for the month using variable costing. b. Prepare an income statement for the month using absorption costing. Complete this question by entering your answers In the tabs below. Required A Required B Prepare a contribution format income statement for the month using variable costing. Variable Costing Income Statement

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