XYZ Company, which has only one product, XYZ Company, which has only one product, has provided the following data concerning its most recent month of operations: (14 marks) $112 500 2,800 2,900 400 Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead Fixed selling and administrative $37 $191 $71 $5 $109, 200 $5,800 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a) What is the unit product cost for the month under variable costing? (2 marks) b) Prepare an income statement for the month using the contribution format and the variable costing method. (you can use a collapsed cost of goods sold (i.e. one number) or an expanded cost of goods sold (i.e. using inventory). (8 marks) c) Without preparing an income statement, determine the absorption costing operating income for the month. (Hint: Use the reconciliation method.) (4 marks)