A company produces 13,000 units per year and reports the following. Using variable costing, compute product cost per unit. Note: Round your answers to 2 decimal places. A company produced and sold 4,000 units of its only product this year. The sales price is $168 per unit. Fixed costs include overhead of $80,000 per year, and selling and administrative expenses of $69,200 per year. Variable costs per unit follow. Use absorption costing to compute gross profit. For each independent case below, determine whether income under absorption costing will be equal to, less than, or greater than income under variable costing. A company reports the following sales and cost information. Calculate contribution margin. A company produced and sold 2,600 units of its only product this year. The sales price is $186 per unit. Fixed costs include overhead of $65,000 per year, and selling and administrative expenses of $66,400 per year. Variable costs per unit follow. Use variable costing to compute contribution margin. A company produces 14,500 units per year and reports the following. Using absorption costing, compute product cost per unit. Note: Round your answers to 2 decimal places