Burns Company incurred the following costs during the year: direct materials

$20 per unit; direct labor $14 per unit; variable manufacturing overhead $15 per unit; variable selling and administrative costs $8 per unit; fixed manufacturing overhead $128,000;

and fixed selling and administrative costs $10,000. Burns produced 8,000 units and sold 6,000 units. Determine the manufacturing cost per unit under

(a) absorption costing and

(b) variable costing.

AppendixLO1