Skinny Dippers Inc. produces nonfat frozen yogurt. The product is sold in ten-gallon containers, which have the following price and variable costs. {:[" Sales price ",$30],[" Direct material ",11],[" Direct labor ",4],[" Variable overhead ",6]:} Budgeted fixed overhead in 20x1, the company's first year of operations, was $640,000. Actual production was 160,000 ten-gallon containers, of which 152,000 were sold. Skinny Dippers Inc. incurred the following selling and administrative expenses. {:[" Fixed "$160","000" for the year "],[" Variable "$1" per container sold "]:} Required: Compute the product cost per container of frozen yogurt under (a) variable costing and (b) absorption costing. 2-a. Prepare an operating income statement for 20 xx1 using absorption c