please use format as shown below:

Practice Problem \#2 Sales pmice Pen Linit Directions: All caleuletions must be displayed using Words a Numbers This problem includes Beginning Inventory. Therefore, stucents ane required to use the income statement format included in the Exhibit 5 in the textbook. 1) Calculate the units in beginning inventory. 2) Calculate the product cost per unit for Absorption Costing. 3) Calculate the product cost per unit for variable costing: 4) Prepare an Absorption Costing Income Statement for the Month of August 2022 (Use the same format as Exhibit 5 in the textbook). The income statements must include units, sales price per unit, and an itemized calculation for cost of Goods sold - same as Exhibit 5 in the textbaak). 5) Prepare an Variable Costing Income Statement for the Manth of August 2022 (Use the same format as Exhibit 5 in the textbook). The income statements must include units, sales price per unit, and an itemized calculation for Cost of Goods Sold - same as Exhibit 5 in the textbook). 6) Prepare the two-step reconciliation for the two statements. Step \#1: Caleulate the units in ending inventory Step \#2: Calculate the Product Costs per unit Step \#3: Prepare the Absorption Costing \& Variable Costing Income Statements Step \#4 Reconeiliation of the two Statements