Sheffield Golf Ltd. produces and sells special golf balls for $20.00 for a pack of three. In May 2022, the company manufactured 33,300 packs (its normal volume) and sold 31,000 packs. The beginning inventory on May 1, 2022, was 5,550 packs. Production information for May 2022 is as follows: Direct manufacturing labour per pack 15.00 minutes Fixed selling and administrative costs $44,400 Fixed manufacturing overhead $145,854 Direct materials costs per pack $2.00 Direct labour rate per hour $24.00 Variable manufacturing overhead per pack $4.00 Variable selling expenses per pack $2.00 Calculate the total cost per pack under both absorption and variable costing. (Round per unit calculations and final answers to 2 decimal places, e.g. 15.25.) Absorption Costing Variable Costing Total cost per pack $ $ e Textbook and Media Prepare income statements in good form for the month ended May 31, 2022, under absorption and variable costing. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945). Round per unit calculations to 2 decimal places, e.g. 15.25 and final answers to O decimal places, e.g. 125.) SHEFFIELDGOLF LTD. Absorption-Costing Income Statement Sales in units $