Cost of Goods Manufactured, using Variable and Absorption Costing

On December 31, the end of the first year of operations, Frankenreiter Inc., manufactured 4,800 units and sold 4,100 units. The following income statement was prepared, based on the variable costing concept:

Frankenreiter Inc. Variable Costing Income Statement For the Year Ended December 31, 20Y1
Sales			$902,000
Variable cost of goods sold:
Variable cost of goods manufactured	$508,800
Ending inventory	(74,200)
Total variable cost of goods sold			434,600
Manufacturing margin			$467,400
Total variable selling and administrative expenses			106,600
Contribution margin			$360,800
Fixed costs:
Fixed manufacturing costs	$230,400
Fixed selling and administrative expenses	73,800
Total fixed costs			304,200
Income from operations			$56,600

Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept.

Variable costing	$
Absorption costing	$