Cost of Goods Manufactured, using Variable Costing and Absorption Costing

On December 31, the end of the first year of operations, Frankenreiter Inc., manufactured 5,900 units and sold 5,100 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			$2,193,000
Variable cost of goods sold:
Variable cost of goods manufactured	$1,215,400
EInventory, December 31	(164,800)
Total variable cost of goods sold			1,050,600
Manufacturing margin			$1,142,400
Total variable selling and administrative expenses			265,200
Contribution margin			$877,200
Fixed costs:
Fixed manufacturing costs	$560,500
Fixed selling and administrative expenses	173,400
Total fixed costs			733,900
Income from operations			$143,300

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

Variable costing	$
Absorption costing	$