Wiengot Antennas, Inc., produces and sells a unique type of TV antenna. The company has just opened a new plant to manufacture the antenna, and the following cost and revenue data have been provided for the first month of the plants operation. Beginning inventory 0 Units produced 45,000 Units sold 40,000 Selling price per unit $79 Selling and administrative expenses: Variable per unit $3 Fixed (total) $ 449,000 Manufacturing costs Direct materials cost per unit $15 Direct labor cost per unit $8 Variable manufacturing overhead cost per unit $3 Fixed manufacturing overhead cost (total) $ 765,000 Because the new antenna is unique in design, management is anxious to see how profitable it will be and has asked that an income statement be prepared for the month. Required: 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.) Absorption Costing Income Statement Sales $ ? Cost of goods sold $ ? Gross margin $ ? Selling and administrative expenses $ ? Net operating income (loss) $ ? 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 co