Salem, Inc. has collected the following data for November (there are no beginning inventories): : (Click the icon to view the data.) Read the requirements Requirement 1. Using variable costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Variable costing Unit product cost Data Table X Requirement 2. Prepare an income statement using the contribution margin format. Salem, Inc. Income Statement (Variable Costing) For the Month Ended November 30 650 units Units produced and sold Sales price Direct materials Direct labor $250 per unit 48 per unit 58 per unit 20 per unit 11,375 per month Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 35 per unit 4,525 per month Print Done Operating Income