Wiengot Antennas, Inc., produces and sells a unique type of TV antenna. The company has just opened a new plant t first month of the plant's operation nnt mant to mhanufaand the folowing cost and revenue data have been provided for o manufacture the antenna, and the following cost and revenue data have been provided for the Units produced Units sold Selling price per unit 45,000 $82 Variable per unit Fixed (total) $3 $ 556,000 Manufacturing costs $16 58 Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost (total) $800,000 Because the new antenna is unique in design, management is anxious to see how profitable it has asked that an income statement be prepared for the month. 1. Assume that the company uses absorption costing a. Determine the unit product cost. (Omit the "$" sign in your response) Unit product cost b. Prepare an income statement for the month. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "$" sign in your response) (Click to select) (Click to select) Click to select) Click to select) (Click to select esc FS F6 Click to select) (Click to select) (Click to select) 2. Assume that the company uses variable costing a. Determine the unit product cost. (Omit the "$" sign in your response.) Unit product cost b. Prepare a contribution format income statement for the month. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "S" sign in your response.) Variable Costing Income Statement (Click to select) Variable expenses: (Click to select) (Click to selecty (Click to select) Fixed expenses: (Click to select) (Click to select) (Click to select) References eBook & Resources Worksheet Learning Objective: 06-01 Explain how variable costing differs from absorption costing and compute unit product costs under each method. Learning Objective: 06-03 operating incomes and ex F1 F2 F3 FA FS F6 F7