DDD Golf Ltd. produces and sells special golf balls for $20 for a pack of three. In May 2020, the company manufactured 30,000 packs (its normal volume) and sold 28,000 packs. The beginning inventory on May 1, 2020, was 5.000 packs. Production information for May 2020 is as follows: 15 minutes $40,000 $132.000 Direct manufacturing labour per pack Fixed selling and administrative costs Fixed manufacturing overhead Direct materials costs per pack Direct labour rate per hour Variable manufacturing overhead per pack Variable selling expenses per pack $2 $24 $4 $2 (a) Calculate the total cost per pack under both absorption and variable costing. (Round answers to 2 decimal places, e.g. 15.25.) Absorption Costing Variable Costing Total cost per pack $ $ Save for Later Attempts: 0 of 3 used Submit Answer Prepare income statements in good form for the month ended May 31, 2020, under absorption and variable costing. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses eg. (2,945).) DDD GOLF LTD. Absorption-Costing Income Statement For the Month Ended May 31, 2020 Sales in units Sales $ Less Cost of Goods Sold Gross Profit