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*** PLEASE ANSWER ALL 3 PARTS OF THE QUESTION*** thank you!! Denton Company manufactures and sells a single product. Cost data for the product are

*** PLEASE ANSWER ALL 3 PARTS OF THE QUESTION*** thank you!! image text in transcribed
Denton Company manufactures and sells a single product. Cost data for the product are given The product selis for $50 per unit. Production and sales data for July and August, the first two months of operations, follow: The company's Accounting Department prepared the following absorption costing income statements for July and August: Required: 1. Determine the unit product cost under: a. Absorption costing. b. Varlable costing. 2. Prepare varioble costing income statements for July and August. 3. Reconcile the variable costing and absorption costing net operating incomes. Complete this question by entering your answers in the tabs below

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