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Check my Zurgot inc has just organized a new division to manufacture and sell specially designed computer tables, using select hardwoods. The division's monthly costs are shown in the schedule below. Manufacturing costst Variable costs per unit: Direct materials Variable manufacturing overhead Fixed manufacturing overhead costs (total) Selling and administrative costs: Variable Fixed (total) $ 188 19 $491.960 5 of Sales 5296,180 Zurgot regards all of its workers as full-time employees, and the company has a long-standing no-layoff policy. Furthermore, production is highly automated. Accordingly, the company includes its tabour costs in its fixed manufacturing overhead. The tables sell for $424 each During the first month of operations, the following activity was recorded Units produced Units sold 5,020 Required 1. Compute the unit product cost under each of the following costing method: Nequired: 1. Compute the unit product cost under each of the following costing method. Chec Unit Product Cost a. Absorption costing Variable costing 2. Prepare an income statement for the month using absorption costing (Do not leave any empty spaces; input a whereveritis required.) Cost of goods sold + 3. Prepare a contribution format income statement for the month using variable costing (Do not leave any empty spacesinput a wherever it is required.) Variable expenses Variable cost of goods sold Faced expenses Feed expenses 4. Not available in Connect. 5. Reconcile the absorption costing and variable costing operating income figures in (2) and (3) above. Variable costing operating income (loss) Add Fixed manufacturing overhead cost deferred in inventory under absorption costing Absorption costing operating income (los)