4) Home Base, Incorporated reports the following production cost information Beginning inventory Units produced Units sold Direct labor Direct materials Variable overhead Fixed overhead Operating costs 10,000 units 97,000 units 92,000 units $ 17 per unit $ 34 per unit $ 26 per unit $ 1,940,000 in total $ 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. a. Compute product cost per unit under variable costing. b. Compute product cost per unit under absorption costing. c. Determine cost of goods sold using variable costing. d. Determine cost of goods sold using absorption costing. a. $17 DL + $34 DM+ $26 VOH = $77 per unit under variable costing b. $77+ ($1,940,000/97,000) FOH= $97 per unit under absorption costing c. Cost of goods sold (Variable costing) 92,000 units x $77 $7,084,000 d. Cost of goods sold (Absorption costing) 92,000 units x $97 = $8,924,000