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Please please please help me solve the following four short questions! I posted screenshots of the full question below. 1. Assume that the company uses

Please please please help me solve the following four short questions! I posted screenshots of the full question below.

1. Assume that the company uses absorption costing.

a. Determine the unit product cost.

b. Prepare an income statement for May.

2. Assume that the company uses variable costing.

a. Determine the unit product cost.

b. Prepare a contribution format income statement for May.

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Problem 6-20 Variable and Absorption Costing Unit Product Costs and Income Statements; Explanation of Difference in Net Operating Income [LOG-1, LOG-2, L06-3] High Country, Inc., produces and sells many recreational products. The company hasjust opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory 0 Units produced 36,000 Units sold 31,000 Selling price per unit $ 75 Selling and administrative expenses: Variable per unit $ 3 Fixed (per month) $ 568,000 Manufacturing costs: Direct materials cost per unit $ 15 Direct labor cost per unit $ 6 Variable manufacturing overhead cost per unit $ 2 Fixed manufacturing overhead cost (per month) $ 576,000 Management is anxious to assess the profitability of the new camp cot during the month of May. Complete this question by entering your answers in the table below. Determine the unit product cost. Assume that the company uses absorption costing. :| Req 1A Req lB Req 2A Req ZB Prepare an income statement for May. Assume that the company uses absorption costing. Determine the unit product cost. Assume that the company uses variable costing.

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