Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first year of operations, Barnard Inc., manufactured 5,900 units and sold 5,100 units. The following income statement was prepared, basec on the variable costing concept: Variable Costing Income Statement Barnard Inc. For the Year Ended March 31, 20Y1 Sales $1,887,000 Variable cost of goods sold: Variable cost of goods manufactured $1,050,200 Inventory, March 31 (142,400) Total variable cost of goods sold (907,800) Manufacturing margin Total variable selling and administrative expenses Contribution margin Fixed costs: Fixed manufacturing costs $979,200 (224,400) $754,800. $477,900 Fixed selling and administrative expenses 153,000 Total fixed costs (630,900) $123,900 Operating Income Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept. Variable costing Absorption costing