RICH Inc, produces and sells cosmetic products. The company has just begun manufacturing a new line of moisturizer. The following cost and revenue data relate to February, the first month of production: 32,000 Direct Material Direct Labor $6 $9 Units Produced Units Sold 25,000 Variable MOH Variable Selling & Admin Fixed MOH $64,000 $10,000 Fixed Selling & Admin Determine per unit cost under both variable costing and absorption costing and prepare the income statement for each costing method. Price per unit is $22