Cost of Goods Manufactured, using Variable Costing and Absorption Costing

Yankovich Inc.

Variable Costing Income Statement

For the Month Ended October $31$

Fixed costs:

Fixed manufacturing costs

$$257,500$

Fixed selling and administrative expenses $,83,600$

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

$($a$)$ Variable costing $$

$($b$)$ Absorption costing &