Crane makes Halloween costumes. The company incurred the following total costs to produce 29,100 costumes.

Direct materials		$244,000
Direct labor		168,000
Variable overhead		18,680
Fixed overhead		145,500

(a) Under the absorption costing method, what is the average unit product cost? Using this method, how much product cost would be recorded on the income statement if 21,100 units were sold? (Round per unit to 2 decimal places, e.g. 15.25 and product cost to 0 decimal places, e.g. 5,275.)

Average unit product cost		???
Product cost		???

(b) Under the variable costing method, what is the average unit product cost? Using this method, how much product cost would be recorded on the income statement if 21,100 units were sold? (Round per unit to 2 decimal places, e.g. 15.25 and product cost to 0 decimal places, e.g. 5,275.)

Average unit product cost		???
Product cost		???