Bob's Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2005, the company incurred the following costs. Bob's Company sells the fishing lures for $25. During 2005 , the company sold 80,000 fires and produced 95,000 lures. instiuctions Assuming the company uses variable costing, calculate Bob's manufacturing cost per unit for 2005. b. Prepare a.variable costing income statement for 2005. Information for Bob's Company is provided in (Istuctions O1 Assuming the company uses absorption costing, calculate Bob's manufacturing cost per unit for 2005. b) Prepare an absorption costing income statement for 2005. Bob's Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2005, the company incurred the following costs. Bob's Company sells the fishing lures for $25. During 2005 , the company sold 80,000 fires and produced 95,000 lures. instiuctions Assuming the company uses variable costing, calculate Bob's manufacturing cost per unit for 2005. b. Prepare a.variable costing income statement for 2005. Information for Bob's Company is provided in (Istuctions O1 Assuming the company uses absorption costing, calculate Bob's manufacturing cost per unit for 2005. b) Prepare an absorption costing income statement for 2005