King's Grant Golf Co. sells a special putter for $120 each. In March, it sold 32,000 putters while manufacturing 34,000. There was no beginning inventory on March 1. Production information for March was: Direct Labour Per Unit Fixed Selling & Administrative Costs Fixed Manufacturing Overhead Direct Materials Cost Per Unit Direct Labour Per Hour Direct Labour Per Unit Variable Manufacturing Overhead Per Unit Variable Selling Expenses Per Unit 15 minutes $50,000 $142,800 $12 $32 $8 $6 $3 Required: 1) Compute the inventoriable cost per unit under: a) Absorption Costing b) Variable Costing c) Throughput Costing 2) Compute the ($) value of the ending inventory of putters under: a) Absorption Costing b) Variable Costing c) Throughput Costing 3) Prepare an income statement for March using: a) Variable Costing b) Throughput Costing