Indiana Company incurred the following costs during the previous year when planned production and actual production each totaled 20,000 units:

Direct materials used	$370,000
Direct labor	180,000
Variable manufacturing overhead	200,000
Fixed manufacturing overhead	110,000
Variable selling and administrative costs	70,000
Fixed selling and administrative costs	90,000

6.

If Indiana uses variable costing, the total inventoried costs for the year would be:

$750,000.

$820,000.

$620,000.

$860,000.

$550,000.

7.

Indiana's per-unit inventoried cost under variable costing is (Do not round your intermediate calculations round your final answer to 2 decimal places):

$43.00.

$37.50.

$50.00.

$19.00.

$34.50.

8.

If Indiana uses absorption costing, the total inventoried costs for the year would be:

$820,000.

$860,000.

$550,000.

$750,000.

$620,000.

9.

Indiana's per-unit inventoried cost under absorption costing is:

$34.50.

$50.00.

$37.50.

$19.00.

$43.00.