26. Shun Corporation manufactures and sells hand held calculators. The following information relates to Shun's operations for 2003: Unit product cost under variable costing Fixed manufacturing overhead cost (total for year) Fixed selling and administrative cost (total for year) Units (calculators) produced and sold $5.20 per unit $260,000 $180,000 400,000 What is Shun's unit product cost under absorption costing for 2003? a. $4.10 b. $4.55 c. $5.85 d. $6.30 None of the above answers is correct. e. Use the following information for questions 27 through 29. Cutterski Corporation manufactures propellers. Shown below is Cutterski's cost structure: Variable cost Total fixed cost for the year $810,000 $243,000 per propeller $114 $20 Manufacturing cost Selling and administrative In its first year of operations, Cutterski produced 60,000 propellers but only sold 54,000 27. What is the total cost that would be assigned to Cutterski's finished goods inventorry at the end of the first year of operations under the variable costing method? a. $765,000 b. $792,000 c. $804,000 d. $684,000 e. $912,000 28. At what amount will Cutterski report its cost of goods sold for this first year for external reporting purposes? S6,156,000 b. $6,885,000 $6,966,000 d. $8,208,000 e. None of the above answers is correct. a