Epsilon Manufacturing Company produces widgets. For the month of June 2024, the company produced 1,000 units. The variable manufacturing costs per unit were SAR 50, and the fixed manufacturing costs amounted to SAR 20,000. Using both variable costing and absorption costing methods, calculate the cost per unit.

Requirements:

• Calculate the cost per unit using variable costing.
• Calculate the cost per unit using absorption costing.
• Discuss the difference in results between variable costing and absorption costing.