Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 570 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the companys operations last year follow:

Units in beginning inventory		0
Units produced		18,300
Units sold		16,400
Units in ending inventory		1,900
Variable costs per unit:
Direct materials		R128
Direct labour		R192
Variable manufacturing overhead		R57
Variable selling and administrative		R45
Fixed costs:
Fixed manufacturing overhead		R988,200
Fixed selling and administrative		R658,800

Required:
1.	Assume that the company uses absorption costing. Compute the unit product cost for one bicycle.

Unit Product cost: R________

2.	Assume that the company uses variable costing. Compute the unit product cost for one bicycle.

Unit Product cost: R________