Mozell, a leading firm in the sports industry, produces basketballs for the consumer market. For the year ended December 31, 2017, Mozell sold 267,700 basketballs at an average selling price of $37 per unit. The following information also relates to 2017 (assume constant unit costs and no variances of any kind): (Click the icon to view the 2017 data.) Read the requirements Requirement 1. Calculate the breakeven point in basketballs sold) in 2017 under: (a) Variable costing and (b) Absorption costing. a. Calculate the breakeven point in units under variable costing. 1 x 1 Data Table Total fixed costs / Contribution margin per unit Breakeven point under variable costing 270.100 6,482,400 24 b. Calculate the breakeven point in units under absorption costing. First, select the formula and enter the amounts. Then solve for Q in the next step. (Assume "Q" is the breakeven point in units. Abbreviations used: BEP = bre Inventory, January 1, 2017: 32,800 basketballs Inventory, December 31, 2017: 25,100 basketballs Fixed manufacturing costs: $3,120,000 Fixed administrative costs: $3,362,400 Direct materials costs: $8 per basketball Direct labor costs: $5 per basketball BEP under absorption Total fixed costs + [ Fixed mfg rate x Breakeven units Units produced ! CM per unit costing $ 6,482,400 12 +[ $ x Q 260,000 24 D]/ $ Q Q (the breakeven point) under absorption costing is units Print Done Inventory, January 1, 2017: 32,800 basketballs Inventory, December 31, 2017: 25,100 basketballs Fixed manufacturing costs: $3,120,000 Fixed administrative costs: $3,362,400 Direct materials costs: $8 per basketball Direct labor costs: $5 per basketball