David Company operating result under absorption costing below:

	2019
Sales	$ 270,000
Cost of goods sold (variable and fixed)	180,000
Gross profit	$ 90,000
Selling and Administrative expenses (variable and fixed)	38,000
Net operating income	$52,000

Production and operating activities shown as follows:

	2019	2020
Beginning inventory	0 units	?
Production	20,000 units	30,000 units
Sales.	18,000 units	23,000 units

The companys selling and variable cost per unit remained constant from year to year. The Company has a total fixed manufacturing overhead of $60,000 and fixed selling and administrative expenses of $20,000 per year. Company uses first-in first-out (FIFO) inventory method.

Answer the following from the David Company financial data given above. (Do NOT use comma or dollar signs in your answers).

Determine the amount of the following for year 2020	Answer
1. Unit product cost under variable costing.	Answer
2. Unit product cost under absorption costing.	Answer
3. Total cost of goods manufactured under absorption costing	Answer
4. Total variable cost of goods sold.	Answer
5. Variable selling and administrative expenses per unit.	Answer
6. Total variable expenses (manufacturing & non-manufacturing).	Answer
7. Cost of beginning finished goods inventory under absorption costing.	Answer
8. Companys net operating income under variable costing.	Answer
9. Fixed manufacturing overhead cost deferred in the ending inventory.	Answer
10. Companys net operating income under absorption costing.	Answer