Cost of Goods Manufactured, using Variable Costing and Absorption Costing

On October $31,$ the end of the first year of operations, Yankovich Inc. manufactured $3,600$ units and sold $3,100$ units. The following income statement was prepared, based on the variable costing

concept:

Yankovich Inc.

Variable Costing Income Statement

For the Month Ended October $31$

Fixed costs:

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 :