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1-Is the fixed manufacturing overhead of $1,060,000 treated as a product cost in both absorption costing and variable costing? 2-What is the unit product cost

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1-Is the fixed manufacturing overhead of $1,060,000 treated as a product cost in both absorption costing and variable costing?

2-What is the unit product cost under variable costing?

3-What is the unit product cost under absorption costing?

4-In the first year, does the company produce more products than it sells? Under absorption costing, does this mean fixed manufacturing overhead costs are released from inventory, or deferred in inventory?

5-What is the companys total contribution margin under variable costing?

can you selove these please with steps?

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