please provide the explanation, thank you so much.

Audiophonics Limited manufactures and sells high quality and durable car buds for use with personal electronics that are custom moulded to each customer's ear. Cost data for the product follow Variable costa por un Direct materiale Direct 1 sbour Variable factory overhead Variable welling and administrative Total variable cost per unit Fixed Coste per month Fixed manufacturing overhead Fixed selline and winistrative Total fixed cost per month $ 167.00 120.200 1600 The product sells for $54 per unit. Production and sales data for May and June, the first two months of operations, are as follows: Iny June Units Produced 15.000 18.600 Unita Sold 14,800 22.400 Income statements prepared by the Accounting Department using absorption costing are presented below. Tuy June $1,200,600 $ 199,200 Sales Cost of goods sold: Beginning inventory Add cost of goods Manufactured Goods avaliable for sale Less ending inventory Cost of goods sold Gross marin Selling and adninistrative expenses Operating income 159.000 781,200 78200 781,200 900,000 159.600 621,600 940, 800 177.600 268.800 174,600 197. 400 3. 000 $ 21,400 Required: 1. Determine the unit product cost under each of the following methods Absorption costing Variable costing 5 $ 33 2. Prepare variable costing income statements for May and June using the contribution approach. (Do not leave any empty spaces input o O wherever it is required.) May 799, 2005 June 1 209 800 $ Sales Variable expenses Vanable cost of goods sold Beginning inventory Add Variable production costs Goods available for sale Less Ending inventory Variable cost of goods sold Vanable selling and administrative Total variable expenses Contribution margin Fixed expenses 0 613 800 613 800 159.600 454 200 159,600 613 800 773,400 0 773.400 454 200 345 000 773,400 436 200 813.00 159.000 454,200 773.400 0 773.400 Goods available for sale Less Ending inventory Variable cost of goods sold Variable selling and administrative Total variable expenses Contribution magn Fixed expenses Fored manufacturing overhead Fored selling and administrative Totalfond expenses Operating income doss) 454 200 345.000 773,400 43 200 0 0 345,000 5 $ 430 200 3. Reconcile the variable costing and absorption costing operating income figures (Loss amounts should be indicated with a minus sign.) May June Vanable costing operating income (loss) Add Cost deferred an inventory under absorption costing Deduct Cost released from inventory undet absorption costing $ 0 $ Absorption costing operating income D