Please explain everything

West Mountain Sports Inc. produces and sells many recreational products. The company has just opened a new plant to produce backpacks that will be marketed throughout the United States. The following cost and revenue data relate to February, the first month of the plant's operation: Direct Material Direct Labor Variable MOH Variable Selling & Admin Fixed MOH Fixed Selling & Admin $16 Units Produced $10 Units Sold 24,000 20,000 $4 $6 $110,400 $170,000 Determine the per unit cost under both variable costing and absorption costing and prepare the income statement for each costing method Price per unit is $52 Vc