Abbott, Inc. has the following cost data for Product X, and unit product cost using variable Product X sells for $161 per unit. Assume no beginning inventories. Calculate the costing when production is 400 units, 800 units, and 1,600 units. EEB (Click on the icon to view the data.) contribution margin using variable costing when Abbott a. Produces and sells 400 units. b. Produces 800 units and sells 400 units c. Produces 1,600 units and sells 400 units (Click on the icon to view the unit product cost data.) Begin by selecting the labels and computing the contribution margin for scenario a. and then compute the contribution margin for scenario b. and c Variable costing Net Sales Revenue Total Variable Costs Contribution Margin a. b. c. Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead 35 per unit 48 per unit 18 per unit 8,000 per year 400 units 800 units Direct materials Direct labor Variable manufacturing overhead Total unit product cost 35 $ 48 18 101 $ 35 $ 48 18 101 $ 1,600 units 35 48 18 101