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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 5 122 Units in

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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 5 122 Units in beginning inventory 370 Units produced 6,510 Units sold 6,480 Units in ending inventory 4-00 Variable costs per unit: Direct materials 5 43 Direct labor 5 24 Variable manufacturing overhead 5 2 Variable selling and administrative expense 5 19 Fixed costs: Fixed manufacturing overhead $143,220 Fixed selling and administrative expense $ 64,300 The company produces the same number of units every month, although the sales in units varyr from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Req uired: a. Prepare a contribution format income statement forthe 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 Variable expenses: = Variable selling and administrative expenses =

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