Prepare variable costing income statements for May and June using the contribution approach. $($Do not leave ony empty spaces; Input a $0$ wherever It is required.$)$

$\backslash$table$[[,$May,June$],[,,],[$Variable expenses:$],[$Variable cost of goods sold:$],[,,],[,,],[],[-],[$P$],[$P$],[$Total variable expenses$],[$C$],[$Fixed expenses:$],[?],[$r$],[$Total fixed expenses$],[$Operating income $($loss$),,]]$

Reconcile the variable costing and absorption costing operating income figures. $($Loss amounts should be Indlcated with a minus slgn$.)$

$\begin{array}{cc}?& \text{M}\text{a}\text{y}\\ \text{V}\text{a}\text{r}\text{i}\text{a}\text{b}\text{l}\text{e}costing\text{o}\text{p}\text{e}\text{r}\text{a}\text{t}\text{i}\text{n}\text{g}\text{i}\text{n}\text{c}\text{o}\text{m}\text{e}(loss)& ?\\ \text{A}\text{d}\text{d}\text{:}\text{C}\text{o}\text{s}\text{t}\text{d}\text{e}\text{f}\text{e}\text{r}\text{r}\text{e}\text{d}in\text{i}\text{n}\text{v}\text{e}\text{n}\text{t}\text{o}\text{r}\text{y}\text{u}\text{n}\text{d}\text{e}\text{r}absorptioncosting& ?\\ \text{D}\text{e}\text{d}\text{u}\text{c}\text{t}\text{:}\text{C}\text{o}\text{s}\text{t}\text{r}\text{e}\text{l}\text{e}\text{a}\text{s}\text{e}\text{d}\text{f}\text{r}\text{o}\text{m}\text{i}\text{n}\text{v}\text{e}\text{n}\text{t}\text{o}\text{r}\text{y}\text{u}\text{n}\text{d}\text{e}\text{r}absorptioncosting& ?\\ \text{A}\text{b}\text{s}\text{o}\text{r}\text{p}\text{t}\text{i}\text{o}\text{n}costing\text{o}\text{p}\text{e}\text{r}\text{a}\text{t}\text{i}\text{n}\text{g}\text{i}\text{n}\text{c}\text{o}\text{m}\text{e}& ?\end{array}$Audiophonics Limited manufactures and sells high$-$quality and durable ear buds for use with personal electronics that are custom

moulded to each customer's ear. Cost data for the product follow:

The product sells for $$64$ per unit. Production and sales data for May and June, the first two months of operations, are as follows:

Income statements prepared by the Accounting Department using absorption costing are presented below:

Required:

Determine the unit product cost under each of the following methods.