Parker Company had the following costs:

Units produced 530 units

Direct materials $22 per unit

Direct labor 41 per unit

Variable manufacturing overhead 13 per unit

Fixed manufacturing overhead 13,780 per year

Variable selling and administrative costs 31 per unit

Fixed selling and administrative costs 4,240 per year

Calculate the unit product cost using absorption costing and variable costing. (If a blank line_____ is not used in the table leave the line empty; do not enter a zero.)

The blank lines______ under absorption and variable costing are to be the computed number values

The blank lines on the left are to be filled in with one of the following correct answers:

Ignore the .......................before absorption and variable costing

Direct labors

Direct Materials

Fixed Manufacturing overhead

Fixed selling and administrative costs

Variable Manufacturing overhead

Variable selling and administrative costs

.....................................................Absorption Costing Variable Costing

______________________________ _________________ _______________

______________________________ _________________ _______________

______________________________ _________________ _______________

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Total unit Product Cost _________________ ________________