Question: please show all work and explain each part 1a) unit product cost? 1B)absortion costing income statment ? 2A) unit product cost? 2B) variable costing income

please show all work and explain each part
1a) unit product cost?
please show all work and explain each part 1a) unit product cost?
1B)absortion costing income statment ?
2A) unit product cost?
2B) variable costing income statement?
1B)absortion costing income statment ? 2A) unit product cost? 2B) variable costing

Kamala Harris Ltd. produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Management is anxious to assess the profitability of the new camp cot during the month of May. Required: 1. Assume that the company uses absorption costing. a. Calculate the unit product cost. b. Prepare an income statement for May. 2. Assume that the company uses variable costing a. Calculate the unit product cost. b. Prepare a contribution format income statement for May. Complete this question by entering your answers in the table below. Determine the unit product cost. Assume that the company uses absorption costing. plant's operation: Management is anxious to assess the profitability of the new camp cot during the month of May. Required: 1. Assume that the company uses absorption costing. a. Calculate the unit product cost. b. Prepare an income statement for May. 2. Assume that the company uses variable costing. a. Calculate the unit product cost. b. Prepare a contribution format income statement for May. Complete this question by entering your answers in the table below. Prepare a contribution format income statement for May. Assume that the company uses variable costing

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