Please see the image for questions. Accounting for Management. I need answers/solutions to all questions. Thanks!

12/4/2017 3. Assignment Print View Award: 15.00 points Denton Company manufactures and sells a single product. Cost data for the product are given: Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Total variable cost per unit Fixed costs per month: Fixed manufacturing overhead Fixed selling and administrative Total fixed cost per month 3 11 3 2 19 45,000 163,000 208,000 The product sells for $50 per unit. Production and sales data for July and August, the first two months of operations, follow: July Au ust Units Produced 15,000 15,000 Units Sold 11 ,ooo 19,000 The company's Accounting Department has prepared the following absorption costing income statements for July and August: Cost of goods sold Gross margin Selling and administrative expenses Net operating income Required: 1. Determine the unit product cost under: a. Absorption costing. b. Variable costing. July 550,000 220,000 330,000 185,000 145,000 August 950,000 380,000 570,000 201,000 369,000 2. Prepare contribution format variable costing income statements for July and August. 3. Reconcile the variable costing and absorption costing net operating incomes.