Simon Co. is a manufacturer of bicycles. Simon's "contribution margin format" income statement for the year ended Dec.31, 2023 is given below. (Assume that all of the units produced are sold): Sales (1,000 units) Variable Costs: Cost of Goods Sold Variable Selling Expenses Variable Administrative Expenses Contribution Margin Fixed Costs Fixed Manufacturing Overhead Fixed Selling Expenses Fixed Administrative Expenses Operating Income 120,000 30.000 26,000 40,000 10,000 12,000 $260,000 (176,000) $84,000 (62,000) $22,000 Calculate the unit product cost per variable costing, unit product cost per absorption costing and the margin of safety in units. ANSWER BY CHOOSING THE MOST APPROPRIATE ANSWER FROM BELOW:Unit product cost per variable costing: $120; Unit product cost per absorption costing: $160, MOS units: 738 units

b. Unit product cost per variable costing: $160; Unit product cost per absorption costing: $120, MOS units: 738 units

c. Unit product cost per variable costing: $738; Unit product cost per absorption costing: $160, MOS units: 120 units

d. Unit product cost per variable costing: $176; Unit product cost per absorption costing: $238, MOS units: 738 units

e. Unit product cost per variable costing: $176; Unit product cost per absorption costing: $238, MOS units: 262 units

f. Unit product cost per variable costing: $120; Unit product cost per absorption costing: $160, MOS units: 262 units

g. Unit product cost per variable costing: $160; Unit product cost per absorption costing: $120, MOS units: 262 units

h. Unit product cost per variable costing: $260; Unit product cost per absorption costing: $84, MOS units: 1,738 units

i. Unit product cost per variable costing: $260; Unit product cost per absorption costing: $238, MOS units: 1,738 units

j. Unit product cost per variable costing: $22; Unit product cost per absorption costing: $84, MOS units: 738 units