Example: The costs of ABC company occurred in September are as follows: Variable 1.000 Net Sales Total Cost Direct Material Direct Labor Factory Overhead General Administrative Cost Marketing and Selling Cost Fixed 250 1.000 1.000 200 397 5.000 Total 1.250 1.000 1.500 500 150 350 397 12.000 kg 750 kg Annual Production Capacity Units produced in April Beginning Work-in Progress Beginning Finished Goods Ending Work-in Progress Ending Finished Goods Units Sold in April 250 kg 500 kg Required: Ascertain the total and unit cost of current production according to Absorption Costing Method and Variable Costing Method. Prepare the income statement of current period