A company has the following information for its first month of operations: Sales (1,200units) Direct Materials Used Direct Labor Variable Factory Overhead Fixed Factory Overhead Variable Selling & Administrative Fixed Selling & Administrative Gross Margin Contribution Margin $198,000 $70,200 $81,600 $26,400 ? $6,000 $8,000 $57,600 ? Ending Inventories Raw Materials $10,000 WIP none Finished Goods (units) 800 units The company started the period with zero finished goods inventory 7.1 What is the product cost per unit under variable costing? 7.2 7.3 7.4 7.5 How much is the total contribution margin under variable costing? How much fixed overhead cost is included in ending finished goods inve absorption cost? What is the operating income under absorption costing? If the company produces 400 units and sells 1,200 units next year what w of goods sold under absorption costing?