2. Suzy Homemaker Company sells a special sponge for $20 each. In March, it sold 28,000 sponges while manufacturing 30,000. There was no beginning inventory on March 1. Production information for March was Direct manufacturing labor per unit Fixed selling and administrative costs Fixed manufacturing overhead Direct materials cost per unit Direct manufacturing labor per hour Variable manufacturing overhead per unit Variable selling expenses per unit 15 minutes $40,000 132,000 2 24 2 Required: a. Compute the cost per unit under both absorption and variable costing. b. Compute the ending inventories under both absorption and variable costing c. Com pute operating income under both absorption and variable costing