Unit Costs. Cheng Industries operates a plant in Kaohsiung, Taiwan, which manufactures table tennis paddles for export throughout the world. During December, Cheng produced 24,000 paddles. Costs incurred by Cheng during December were (in New Taiwanese dollars):

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1. Compute the cost of each paddle under absorption costing.
2. Compute the cost of each paddle under variable costing.

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Direct materials. Direct labor Variable manufacturing overhead Variable selling and general... Fixed manufacturing overhead. Fixed selling and general Total. NT$ 44,000 17,000 8,000 1,000 15,000 19,000 NT$104,000