A company which manufactures and sells a single product has the following sales and production data for a period: Units Production 20,100 Sales 18,900 There is no opening inventory. Profit has been calculated for the period using both absorption costing and marginal costing. Which absorption costing profit and marginal costing profit figures are consistent with the above production and sales data? . $10,000 $12,000 Absorption costing profit Marginal costing profit he following data refers to a particular inventory item: Receipts (units) Issues (units) Total cost ($) Day 1 200 1,100 Day 3 140 Day 6 150 840 Day 7 140 The weighted average method is used to value inventory issues. A revised weighted average price is calculated after each purchase. At what cost price per unit (to two decimal places) will the issue on Day 7 be made (to two decimal places)? $5.56 $5.57 $5.54 $5.60