1. (4pts) Flaker Oats, Inc. a producer of cereal reported the following information for the month of October 2022: Sales price: $5.00 Per unit Manufacturing costs incurred this period: DM $1.85 Per unit DL $0.30 Per unit Variable OH $0.15 Per unit Fixed OH $300,000 per month Non-Manufacturing (ie. Selling and Administrative) costs incurred this period: Variable S&A $1.40 Fixed S&A $140,000 Per unit per month Units in finished goods inventory, beginning of the month Units produced this month 0 Units 1,000,000 Units Units sold this month 990,000 Units a. Calculate the per unit product cost under absorption costing (0.5pts) b. Calculate the per unit product cost under variable costing (0.5pts) c. Prepare the income statement for the month ended 10/31/2022 for the company using absorption costing (1pts)) d. Prepare the income statement for the month ended 10/31/2022 for the company using variable costing (1pts) e. Calculate the total dollar value of the units in ending inventory as of 10/31/2022 using absorption costing. (0.5pts) " Calculate the total dollar value of the units in ending inventory as of 10/31/2022 using variable costing (0.5pts) 2. (1pt) Tortoise Coast, Ltd. prepares the income statement under variable costing for its managerial reports, and It prepares the income statement under almorption costing for external reporting. During its first year of