Variable vs. Absorption Costing

1- Isagani Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price ........................................................... $9? Units in beginning inventory ................................. 0 Units produced ...................................................... 6,690 Units sold ............................................................... 6,290 Units in ending inventory ...................................... 41):} Variable costs per unit: Direct materials .................................................. 340 Direct labor ......................................................... $lt} Variable manufacturing overhead ...................... 54 Variable selling and administrative .................... $9 Fixed costs: Fixed manufacturing overhead ........................... $134,800 Fixed selling and administrative ........................ \"2,41% Required: a. 'What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare an income statement for the month using the contribution format and the variable costing method. d. Prepare an income statement for the month using the absorption costing method