7. Aubie Golf Company sells a special putter for $22 each. In April, it sold 30,000 putters while manufacturing 40,000. There was no beginning inventory on April 1. Production information for April was: $ 37,000 132,000 Fixed selling and administrative costs Fixed manufacturing overhead Direct materials cost per unit Direct manufacturing labor per unit Variable manufacturing overhead per unit Variable selling expenses per unit 7 4 Required: (10 points) a. Compute the cost per unit under both absorption and variable costing. b. Compute the ending inventories under both absorption and variable costing. c. Compute operating income under both absorption and variable costing. d. Explain why operating income is not the same under the two methods. Which method(s) are required for external reporting? For internal reporting? e. If a manager's bonus is based on operating income under absorption method, what can the manager do to increase operating income without increasing sales