Problem 8-15 Prepare and Reconcile Variable Costing Statements [LO1, LO2, LO3, LO4] Audiophonics Limited manufactures and sells high-quality and durable ear buds for use with personal electronics that are custom moulded to each customer's ear. Cost data for the product follow Variable costs per uniti Direct materials Direct labour Variable factory overhead Variable selling and administrative Total variable costs per unit Fixed costs per month Fixed manufacturing overhead Fixed selling and administrative Total fixed cost per month 13 12 $ 39 $276,000 161,000 $437,000 The product sells for $60 per unit Production and sales data for May and June, the first two months of operations, are as follows: May June Units Produced 23,000 23,000 Units Sold 17,000 29,000 < Prev 4 of 5 Next > Check my work