Carreno Co. reported the following information about the production and sales of its only product : Direct materials used $48,000 Direct labour 100,000 Variable factory overhead 30,000 Fixed factory overhead 40,000 Variable selling and administrative expenses 10,000 Fixed selling and administrative expenses 15,000 Beginning inventory Ending inventory Direct materials Work in process Finished goods 400 units Sales 75 per unit $150.000 Required - a. what is the cost of producing one unit of Carreno Cos product using variable costing? b. What is the cost of producing one unit of Carreno Cos product using absorption costing?

Carreno Co. reported the following information about the production and sales of its only product: Direct materials used 148,000 Direct labour 100,000 Variable factory overhead 30.000 Fixed factory overhead 40,000 Variable selling and administrative expenses Fixed selling and administrative expenses 15.000 Beginning inventory Ending inventory: Direct materia's Work in process Finished goods AD Sales 1575 per unit) Required