Part 1 of 3 Ayers, Inc has the following cost data for Product X and unit product cout using absorption conting when production is 250 units, 500 units and 2.500 unts (Click on the icon to view the cost data) (Click on the icon to view the unit product costat Product X sols for $185 per unit. Assume no beginning inventories Read the ruitements CH Begin by selecting the label and computing the gross profit for coa and then compute the gross protetor scenarie band Absorption costing Gross Pro Data table - 1 X Recuramente Direct materials 538 Requirements - Calculate the gross profit using absorption costing when Ayers: a. Produces and sells 250 units b. Produces 500 units and sells 250 units. c. Produces 2,500 units and sells 250 units. Print Done Data table - X Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead $38 per unit 50 per unit 8 per unit 5,000 per year Print Done Reference - X Direct materials 250 units 500 units 2,500 units 38 5 38 $ 38 A Direct labor 50 50 50 Variable manufacturing overhead 8 8 20 No 8 8 10 Fixed manufacturing overhead 2 116 5 106 $ 98 Total unit product cost Print Done