Prepare an intement in good form for this month trang theo Bomanticosting method (6) QUESTION THREE (14 marts) Man Company, which are product has provided the following data Commerce month of operations January 31, 2021 Price 5122 Ending inventory. Dec 31, 2000 Peranca statements 121.000 un tugry Inwy Endingen 100 Production 300 6.100 Ya CO VE Dve Me 327 etabo Vari manfacturing over 4 Edit Fu Mantan med 165.000 TO Required How many nebyt What is the property withdyt man o Wote proast cost per una may phonora con ding operating comes Then come risi 37.600 QUESTION THREE (14 marks) Mabuah Company, which has only one product, has provided the following data concerning its most recent month of operations-January 31, 2021: $122 $21.000 400 8,300 8,100 Selling Price/unit Ending Inventory, Dec 31, 2020 Per Financial statements Units: Beginning Inventory. Ending Inventory Production Sales Variable cost per unit Direct Material Direct Labour Variable manufacturing overhead Variable selling and administration Fixed costs Fixed Manufacturing overhead Fixed Selling and admin $27 46 4 7 $166 000 106,600 Required: a) How many units are in beginning inventory? (1 mark) b) What is the product cost per unit of beginning inventory under the absorption method? (1 mark) c) What is the product cost per unit in January under the absorption method? (2 marks) d) Prepare an income statement in good form for this month using the contribution format and the variable costing method. (6 marks) e) Reconcile the variable costing and absorption costing operating incomes for this month. The net income for absorption is $37,600 (4 marks)