Problem 6-22 Prepare and Reconcile Variable Costing Statements LO6-1, LO6-2, LO6-31 Denton Company manufactures and sells a single product. Cost data for the product are given below: Variable costs per unit $55 Direct materials Direct labor 11 Variable manufacturing overhead Variable selling and administrative Total variable costs per unit $21 Fixed costs per month: 60,000 Fixed manufacturing overhead 172,000 Fixed selling and administrative 232,000 Total fixed cost per month The product sells for $45 per unit. Production and sales data for July and August, the first two months of operations, are as follows: Units Units Produced Sold July 15,000 11,000 15,000 19,000 August The company's Accounting Department has prepared absorption costing income statements for July and August as presented below