Prepare a contribution format Income statement for the month using varlable costing. $($Do not leave any empty spaces; input a $0$

wherever it is required.$)$

This part of the question is not part of your Connect assignment.

Reconcile the absorption costing and varlable costing operating Income figures in $(2)$ and $(3)$ above.Problem $8-13$ Comprehensive Problem with Labour Flxed $[$LO$1,$ LO$2,$ LO$3,$ LO$4]$

Zurgot Inc. has just organized a new division to manufacture and sell specially designed computer tables, using select hardwoods. The

division's monthly costs are shown In the schedule below:

Zurgot regards all of Its workers as full$-$time employees, and the company has a long$-$standing no$-$layoff pollcy. Furthermore,

production Is highly automated. Accordingly, the company Includes its labour costs in its fixed manufacturing overhead. The tables sell

for $$453$ each.

During the first month of operations, the following activity was recorded:

Required:

Compute the unlt product cost under each of the following costing method.

Prepare an income statement for the month using absorptlon costing. $($Do not leave any empty spaces; input a $0$ wherever it is

required.$)$