Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first year of operations, Barnard Inc., manufactured 5,600 units and sold 4,800 units. The following income statement was prepared, based on the variable costing concept: Barnard Inc. Variable Costing Income Statement For the Year Ended March 31, 20Y1 Sales $2,544,000 Variable cost of goods sold: Variable cost of goods manufactured $1,422,400 Inventory, March 31 (203,200) Total variable cost of goods sold (1,219,200) Manufacturing margin Total variable selling and administrative expenses Contribution margin Fixed costs: $1,324,800 (307,200) $1,017,600 Fixed manufacturing costs $655,200 Fixed selling and administrative expenses 201,600 Total fixed costs (856,800) $160,800 Operating income Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept.