4) Home Base, Inc. reports the following production cost information: Beginning inventory 10,000 units Units produced 97,000 units Units sold 92,000 units Direct labor $17 per unit Direct materials $34 per unit Variable overhead $26 per unit Fixed overhead $1,940,000 in total Operating costs $2,000,000 in total Assume that productions costs have remained the same since the previous period and all units are sold for $137.00 per unit. 1 a. Compute production cost per unit under variable costing. b. Compute production cost per unit under absorption costing. c. Prepare a variable costing Income Statement. d. Prepare an absorption costing Income Statement. Home Base Inc. Variable Costing Income Statement Sales Revenue Home Base Inc. Absorption Costing Income Statement Sales Revenue