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12 10 points eBook Hind Pant References Wool Creations Inc. manufactures wool sweaters. Costs incurred in making 9,000 sweaters In October included $22,500 of fixed

12 10 points eBook Hind Pant References Wool Creations Inc. manufactures wool sweaters. Costs incurred in making 9,000 sweaters In October included $22,500 of fixed manufacturing overhead. The total absorption cost per sweater was $11.60. Required: a. Calculate the variable cost per sweater. (Round your answer to 2 decimal places.) Vanable cost per sweater b. The ending inventory of sweaters was 1,600 units lower at the end of the month than at the beginning of the month. By how much and in what direction (higher or lower) would cost of goods sold for the month of October be different under variable costing than under absorption costing? Cost of goods sold under variable costing will bo c. Express the sweater cost in a cost formula. (Round "Variable cost" to 2 decimal places.) Total cost

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