P The following information is available for Blite Corporation on its first year of operation (2021): Sales price per unit 30 Variable manufacturing cost per unit 16 Total fixed manufacturing cost for the year 50,000 Variable selling expense per unit sold 6 Total fixed operating expense for the year 30,000 During 2021, Blite produced 12,500 units, of which 2,500 units per unsold at year-end. There were no opening Inventories. Based on the above information, determine the following: e Cost of ending inventory under variable costing 1. Cost of ending inventory under absorption costing g. Total variable costs charged to the income statement, assuming the use of variable costing. h. Total fixed costs charged to the income statement, assuming the use of variable costing. . Total fixed costs charged to the income statement, assuming the use of absorption costing. Prepare the income statement of Blite Contribution under absorption costing and variable costing