For the current year, Nguyen Inc., had sales of 75,000 units and production of 100,000 units. Assume the production volume variance is written-off to other expense at the end of the period. Information for the year included: (8) Carry unit cost calculations to 3 decimal places.

Direct manufacturing labour $187,500

Variable manufacturing overhead 100,000

Direct materials 150,000

Variable selling expenses 100,000

Fixed administrative expenses 100,000

Fixed manufacturing overhead 200,000

There was no beginning inventory.

a. Calculate the unit cost under both absorption and variable costing (4)

b. Compute the ending finished goods inventory under both absorption and variable costing. (2)

c. Compute the cost of goods sold under both absorption and variable costing. (2)