ESSAY. Write your answer in the space provided or on a separate sheet of paper. 61) Pluto Hand blenders Company sells a product for $80 per unit. Variable costs are $25 per unit and fixed costs are $4,000 per month. Pluto sold 2,000 units in October, 2014. Prepare an income statement for October using the contribution margin format. 62) Isphase Inc. has provided the following financial data for 2014 3,500 units Units produced and sold -$2201 per unit $25 per unit $45 per unit $30 per unit Direct materials Direct labor Variable manufacturing over Variable selling and administrative costs ixed manufacturing overhea Fixed selling and administrative costs $105,000 per year $140,000 per year There are no beginning inventories. Prepare an income statement for the year using the traditional format