Problem 8-14 Absorption and Variable Costing: Production Constant, Sales Fluctuate [LO1, LO2, LO3, [04] Leander Office Products ine produces and seas inall storage and orgavitational prooucts for office ine Dung the firit month of statement follow "Consws of direct materials, direct labout, and vartable manutactormg overhead costing rather than varibile costing. He argues that if absorption costhe had been sted, the compery wocid probably have reponted . profit for the moner. Selected cost dats reiating to the product and so the first month of operations follow Alequired: 1. Complete the tollowing: a. Compute the unit product cost under absorption conting (Abount reur answer to 2 dedmal places) a. Redo the company's incorne statement for the month uung absorption cosene (Oo not leave any empty space input a 0 wherever it is required? C. Reconclie the variable and absorption costing operating income foss) figures. (Lots amounts thould be entered with a minut aigas. This part of the question is not part of your Connect msigrenent. Ouring the second month of operarions, the company again produced 58,300 unts but sold 70,200 units, (Assume no change in tal foced costsy Prepare a controveion format income stotement for the month using variable costing 3. During the second month of operations, the company again peoduced 58,300 units but sold 70,200 units. Assume no change in total fixed costs. a. Prepare a contribution format income statement for the month using variable costing b. Prepare an income statement for the month using absorption costing (Do not leave any empty apaces; input a 0 wherever it is required.) c. Reconcile the variable costing and absorption costing operating income fiputes