.	Using variable costing, calculate the unit product cost.
2.	Prepare an income statement using the contribution margin format.

Requirement 1. Using variable costing, calculate the unit product cost. (Round your final answer to the nearest cent.)

	Variable
	costing
Unit product cost	$143.00

Requirement 2. Prepare an income statement using the contribution margin format.

Autumn, Inc.
Income Statement (Variable Costing)
Month Ended November 30
Sales Revenue			$240,000
Variable Costs:
	Variable Cost of Goods Sold	$85,800
	Variable Selling and Administrative Costs
Contribution Margin
Operating Income

Units produced and sold

600 units

Sales price

$400

per unit

Direct materials

62

per unit

Direct labor

63

per unit

Variable manufacturing overhead

18

per unit

Fixed manufacturing overhead

10,200

per month

Variable selling and administrative costs

35

per unit

Fixed selling and administrative costs

5,100

per month