Absorption and Variable Costing; Cost of Goods Sold

Bondware Inc., has a highly automated assembly line that uses very little direct labor. Therefore, direct

labor is part of variable overhead. For March, assume that it incurred the following unit costs:

The $100$ units of beginning inventory for March had an absorption costing value of $$95,000$ and a variable

costing value of $$81,000.$ For March, assume that Bondware Inc. produced $500$ units and sold $540$ units.

Compute Bondware's March Cost of Goods Sold using both the variable and absorption costing methods.