25 oints Skipped eBook Print References White Water Rafting Company manufactures kayaks, which sell for $585 each. The variable costs of production (per unit) are as follows: Direct Material Direct labor Variable manufacturing overhead Budgeted fixed overhead in 20x1 was $416,000 and budgeted production was 52,000 kayaks. The year's actual production was 52,000 units, of which 48,000 were sold. Variable selling and administrative costs were $5 per unit sold, fixed selling and administrative costs were $77,000. Required: A. Calculate the product cost per kayak under (a) absorption costing and (b) variable costing. B. Prepare operating income statements for the year using (a) absorption costing and (b) variable costing C. Reconcile reported operating income under the two methods using the shortcut method. Complete this question by entering your answers in the tabs below. Req A Req B1 $210 120 90 Req B2 (a) Absorption costing (b) Variable costing Calculate the product cost per kayak under (a) absorption costing and (b) variable costing. Cost Per Unit Req C Req B1 >

White Water Rafting Compary manufactures kayaks, which sell for $585 each. The variable costs of production (per unit) are as follows: Budgeted fived overthead in 201 was $416,000 and budgeted peoduction was 52,000 kayaks. The year's actual production was 52,000 units, of which 48,000 were sold. Variable seling and administrative costs were $5 per unit sold, fored selling and administrative costs were $77,000 Required: A. Caiculate the product cost per kayok under (a) absorption costing and (o) variable costing. B. Prepare operating income statements for the year using (a) absorption costing and (b) vanable costing C. Reconcile reponed operating income under the two methods using the shortcut method. Complete this question by entering vour answers in the tabs below. Caiculate the product cost per kayak under (a) absorstion conting and (b) varialin coating