8. Acme Co. produces a single product. Information about the product for the past year is as follows:

Production (in units) 25,000

Sales (units) 23,000

Selling price/unit $ 26.00

Beg. Inventory (units) -0-

Variable costs per unit:

Direct materials $ 8.00

Direct labor $ 3.00

Variable overhead $ 1.80

Variable selling exps. $ 4.00

Fixed overhead $ 107,500

Fixed selling and admin. $ 26,800

The unit product cost using absorption costing would be:

a.	$17.10	c.	$16.80
b.	$12.80	d.	$21.10

9. Refer to the data in question 8. The unit product cost using variable costing would be:

a.	$17.10	c.	$16.80
b.	$12.80	d.	$21.10

10. Refer to the data in question 8. Using absorption costing, the cost of goods sold would be:

a.	$294,400	c.	$393,300
b.	$320,000	d.	$427,500

11. Refer to the data in question 8. Using variable costing, the cost of goods sold would be:

a. $294,400 c. $393,300

b. $320,000 d. $427,500

12. Refer to the data in question 8. If Acme Co. uses variable costing, its operating income would be:

a.	$85,900	c.	$83,900
b.	$79,300	d.	$77,300

13. Refer to the data in question 8. Using absorption costing, the operating income would be:

a. $85,900 c. $83,900

b. $79,300 d. $77,300