Part V - 15 Marks (estimated time - 25 minutes) So-Beautiful Body Products Lid. manufactures body wash liquid soap, The controller has provided the following information and stated that standard costing is used for manufacturing, marketing, and administrative costs. Beginning inventory January February Production 3,000 Sales 39,500 43,000 36,500 41,000 Other information: Selling price $10.00 Standard variable manufacturing cost/unit $1.00 Standard variable market/admin. cost/unit $3.00 Standard fixed manufacturing overhead cost/month $88,000 Standard fixed market/admin. cost/month $52,000 Budgeted denominator level per month (output units) 40,000 There were no beginning or ending inventories of materials or work-in-process. Required: a. What is the per unit variable cost at So-Beautiful Body Products Ltd.? (2.5%) b. What is the per unit manufacturing cost using absorption costing at So-Beautiful Body Products Ltd.? (2.5%) c. What would So-Beautiful Body Products Lid.'s operating income (loss) be for February using the variable costing approach? (5%) d. What would So-Beautiful Body Products Lid. operating income (loss) be for February, using the absorption costing approach? (5%)