Nesman Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 92 Units in beginning inventory 300 Units produced 5,900 Units sold 6,000 Units in ending inventory 200 Variable cost per unit: Direct materials $ 39 Direct labor $ 19 Variable manufacturing overhead $ 2 Variable selling and administrative $ 11 Fixed costs: Fixed manufacturing overhead $ 88,500 Fixed selling and administrative $ 36,000 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. Required: a. Prepare a contribution format income statement for the month using variable costing. 2.) Packer Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 81 Units in beginning inventory 300 Units produced 1,800 Units sold 1,600 Units in ending inventory 500 Variable cost per unit: Direct materials $ 19 Direct labor $ 16 Variable manufacturing overhead $ 1 Variable selling and administrative $ 11 Fixed costs: Fixed manufacturing overhead $ 34,200 Fixed selling and administrative $ 3,200 The company produces the same number of units every month, although the sales in units vary from month to month. The company's variable costs per unit and total fixed costs have been constant from month to month. 3.)The EG Company produces and sells one product. The following data refer to the year just completed: Beginning inventory 0 Units produced 25,000 Units sold 20,000 Sales price per unit $ 400 Selling and administrative expenses: Variable per unit $ 15 Fixed (total) $ 275,000 Manufacturing costs: Direct materials cost per unit $ 200 Direct labor cost per unit $ 50 Variable manufacturing overhead cost per unit $ 30 Fixed manufacturing overhead $ 300,000 Assume that direct labor is a variable cost. Required: a. Compute the cost of a single unit of product under both the absorption costing and variable costing approaches. b.)Prepare an income statement for the year using absorption costing c.) Prepare a contribution format income statement for the year using variable costing d.) . Reconcile the absorption costing and variable costing net operating income figures in (b) and (c) above.