The following information is available forUliPools, a manufacturer of above-ground swimming pool kits:

2020 2021 Total

Units Produced 12,600 8,400 21,000

Units Sold 10,500 10,500 21,000

Selling Price per unit $4,190 $4,190

Direct Material per unit $750 $750

Direct labor per unit $1,800 $1,800

Variable manufacturing overhead per unit $300 $300

Fixed manufacturing $2,646,000 $2,646,000

overhead per year

Fixed selling and administrative

expense per year $1,420,900 $1,420,900

In its first year of operation, the company produced12,600units but was able to sell only10,500units. In its second year, the company needed to get rid of excess inventory (the extra2,100units produced but not sold in 2020), so it cut back production to8,400units.

Calculate profit for both years using variable costing.

Net Profit 2020, ,2021?

Calculate profit for both years using full costing.

Net Profit 2020, ,2021?