On December 31, the end of the first year of operations, Frankenreder inc. manufactured 25,800 unts and sold 24,800 units. The following income statement was prepared, based on the variable costing concept Frankenreiter Inc Variable Conting Income Statement For the Year Ended December 31, 2011 1 Sales $10,917.000.00 56.432,000.00 4 1000000 1 1 Variable cost of goods sold Variable cost of goods manufactured Inventory, December 31 Total variable cost of goods sold Manufacturing margin Total variable selling and administrative expenses Contribution margin Fored costs 5,952,000.00 SK 960,000.00 1.155.000.00 55.805.000.00 51,072.000.00 Fund manufacturing costs 11 Fed selling and aministrative expenses 380,000.00 For the Year Ended December 31, 2011 $10,912,000.00 $6432,000.00 (480,000.00 . 5,957,000.00 1 Sales Variable cost of goods sold Variable cost of goods manufactured Inventory December 31 Total variable cost of goods sold Manufacturing margin Total variable selling and administrative expenses Contribution margin Fixed costs Fixed manufacturing costs 11 Fixed selling and administrative expenses Total fed costs 54960,000.00 1,155,000.00 $5,805,000.00 $1,077.000.00 80,000.00 1952.000.00 Income from operations $1351.000.00 Determine the cost of goods manufactured based on (a) the variabile costing concept and the absorption costing.com Instructions Question Question X Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept. (a) Variable costings (b) Absorption contings