Cost of Goods Manufactured, using Variable Costing and Absorption Costing Barnard Inc.

Variable Costing Income Statement

For the Year Ended March $31,20$ Y$1$

Sales

$$1,845,000$

Variable cost of goods sold:

Fixed costs:

Fixed manufacturing costs

Fixed selling and administrative expenses

Total fixed costs

$$475,200$

$147,600$

Operating income

$\frac{(622,800)}{\text{\$}115,200}$

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

Variable costing

Absorption costing