Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $2,862,000 Variable cost of goods sold: Variable cost of goods manufactured $1,600,200 Inventory, March 31 (228,600) Total variable cost of goods sold (1,371,600) Manufacturing margin $1,490,400 Total variable selling and administrative expenses (345,600) Contribution margin $1,144,800 Fixed cost Fixed manufacturing costs $737,100 Fixed selling and administrative expenses 226,800 Total fixed costs (963,900) Operating income $180,900 Determine the unit cost of goods manufactured, based on () the variable costing concept and (b) the absorption costing concept. Variable costing Absorption costing Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $2,862,000 Variable cost of goods sold: Variable cost of goods manufactured $1,600,200 Inventory, March 31 (228,600) Total variable cost of goods sold (1,371,600) Manufacturing margin $1,490,400 Total variable selling and administrative expenses (345,600) Contribution margin $1,144,800 Fixed cost Fixed manufacturing costs $737,100 Fixed selling and administrative expenses 226,800 Total fixed costs (963,900) Operating income $180,900 Determine the unit cost of goods manufactured, based on () the variable costing concept and (b) the absorption costing concept. Variable costing Absorption costing