See below questions for variable method and absoption method.

Logic Engineering manufactures and sells smart chip for CNC machines for $20.00 per unit. Direct materials are $8 per unit, while direct manufacturing labor averages $1.50 per unit. Variable manufacturing overhead is $0.50 per unit and fixed manufacturing overhead is $250,000 per year. Administrative expenses, all fixed, run $90,000 per year, with sales commissions of $2 per part. Production is 100,000 parts per year. This year, 75,000 boxes were sold.

Required ( Show your calculations )

What is the Inventory cost per box using variable costing

What is the Inventory cost per box using Absorption costing