Metlock Golf Ltd. produces and sells special golf balls for $23.00 for a pack of three. In May 2022, the company manufactured 31,200 packs (its normal volume) and sold 29,100 packs. The beginning inventory on May 1, 2022, was 5,200 packs. Production information for May 2022 is as follows: 15.00 minutes $41,600 Direct manufacturing labour per pack Fixed selling and administrative costs Fixed manufacturing overhead Direct materials costs per pack $136.968 $3.00 Direct labour rate per hour $24.00 Variable manufacturing overhead per pack $5.00 Variable selling expenses per pack $3.00 Calculate the total cost per pack under both absorption and variable costing. (Round per unit calculations and final answers to 2 decimal places, e.g. 15.25.) Absorption Costing Variable Costing Total cost per pack $ $ $ Prepare income statements in good form for the month ended May 31, 2022, under absorption and variable costing (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses e.g. 2,945). Round per unit calculations to 2 decimal places, eg. 15.25 and final answers to decimal places, e.g. 125.) METLOCKGOLF LTD. Absorption-Costing Income Statement Sales In units $