Dallas Company, a manufacturer of children's books, began operations on January 1. The company's sales and cost information for the year is shown below. Variable costs per unit: Direct materials $1.20 per book Direct labor $1.50 per book $0.65 per book Variable manufacturing overhead Variable selling and administrative $0.70 per book Fixed costs Fixed manufacturing overhead $225,000 in total Fixed selling and administrative $545,000 in total Production and sales for the year Units produced 225,000 books Units sold 218,000 books Sales price per unit $12.35 per book Requirements: 1) What is the unit product cost under variable costing? 2) What is the unit product cost under absorption costing? 3) What is the total period cost under variable costing? 4) What is the total period cost under absorption costing?