Zurgot Inc. has just organized a new division to manufacture and sell specially designed computer tables, using select hatdwoods. The division's monthly costs are shown in the schedule below: Zurgot regards all of its workers as full-time employees, and the company has a long-standing no-layoff policy Furthermore. production is highly automated. Accordingly, the company includes its labour costs in its fixed manufacturing overhead. The tabies sell for $490 each During the first month of operations, the following activity was recorded: Required: 1. Compute the unit product cost under each of the following costing method. 2. Hrepare an income statement for the month using absorption costing. (Do not leave any empty spaces; input a 0 wherever it is required.) 3. Prepare a contribution format income statement for the month using variable costing. (Do not leave any empty spaces; input a 0 Wherever it is required.)