On December 31, the end of the first year of operations, Frankenreiter Inc. manufactured 28,000 units and sold 26,600 units. The following income statement was prepared, based on the variable costing concept

Frankenreiter Inc. Variable Costing Income Statement For the Year Ended December 31, 2016 1 Sales $11,704,000.00 2 Variable cost of goods sold: 3 Variable cost of goods manufactured $6,720,000.00 4 Less ending inventory 336,000.00 5 Variable cost of goods sold 6,384,000.00 6 Manufacturing margin $5,320,000.00 7 Variable selling and administrative expenses 1,155,000.00 8 Contribution margin $4,165,000.00 9 Fixed costs: 10 Fixed manufacturing costs $1,400,000.00 11 Fixed selling and administrative expenses 890,000.00 2,290,000.00 12 Income from operations $1,875,000.00 Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept