Mafli Company, which has only one product, has provided the following data concerning its most recent month of operations:

A. what is the unit product cost for the month under variable costing?

B. what is the unit product cost for the month under absorption costing?

C. Prepare a contribution format income statement for the month using variable costing and an income statement using absorption costing.

D. Reconcile the variable costing and absorption costing net operating incomes for the month.

Selling price.............$104.00

Units in beg. inv. ............. 0

Units prod ............ -3,300

Units sold .............. -3,000

Units in ending inv ........... -300

Variable cost per unit:

Direct materials ............ $26.00

Direct labor .............-$37.00

Variable manuf ovrhd.......... - $5.00

Variable selling/admin.......... -$10.00

Fixed costs:

Fixed manuf ovrhd..........- $16,500

Fixed selling/admin........... -$45,000