6. (20) Dexter Corporation produces and sells a single product, a wooden hand loom for weaving small items such as scarves. Selected cost and operating data relating to the product for two years are given below: 1 Particulars Cost (tk.) Selling price per unit 50 Manufacturing costs: Variable per unit produced: Direct material 11 Direct labor 6 Variable overhead 3 Fixed cost per year 1,20,000 Selling and administrative costs: Variable per unit sold 4 Fixed cost per year 70,000 Units Units in beginning inventory 0 Units produced during the year 10,000 Units sold during the year 8,000 Units in ending inventory 2,000 Required: a) Compute the unit product cost and income statement under absorption costing method. b) Compute the unit product cost and income statement under variable costing method