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Delight InsideOut BBQ makes a single product - a handmade specialty barbeque grill that it sells for $350. Data for the most recent year of operations is as follows: Units in beginning inventory Units produced Units sold Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed manufacturing overhead Fixed selling and administrative 0 20,000 19,000 $190 $40 $25 $10 $250,000 $225,000 Required: (a) Compute the cost of a single unit of product under BOTH the absorption costing and variable costing approaches. (6 marks) (b) Prepare an income statement for the month using absorption costing. (5 marks) (c) Prepare a contribution margin format income statement for the month using variable costing. (6 marks)