Simpsons plc calculated variable manufacturing costs of $1 for each bottle of its Duff beer. This includes already direct materials & direct labour. Total manufacturing costs per unit are calculated to amount to $1.20 per bottle. The fixed manufacturing costs of $6,000 (see below) were allocated to products based on the budgeted production level of 30,000 units/month. The company produces exactly the quantity that it had planned, i.e. 30,000 bottles/month, but it sold only 29,000 bottles this month. Opening inventory at the beginning of this month: 200 bottles. Selling price per unit $1.70 Fixed manufacturing costs $6,000 Fixed advertising expenses per month $2,500 Fixed administrative expenses per month $4,000 Variable sales commission per unit sold $0.10 1) Set up the income statement applying full absorption costing and calculate a) the gross profit: $ (no space or comma to separate groups of thousands), and b) the operating profit: $ (no space or comma to separate groups of thousands) 2) Set up the income statement applying marginal costing and calculate a) the total contribution for this month: $ (no space or comma to separate groups of thousands), and b) the operating profit for this month: $ (no space or comma to separate groups of thousands)