Cullumber makes Halloween costumes. The company incurred the following total costs to produce 27,200 costumes. Direct materials Direct labor $189,000 149,000 36,000 135,000 Variable overhead Fixed overhead (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 19,900 units were sold? (Round per unit to 2 decimal places, e.g. 15.25 and product cost to O decimal places, e.g. 5,275.) Average unit product cost 374000 Product cost 374005 (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 19,900 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