Use following information for questions 25 to 30 Company X produces a single product. Information about the product for the past year is as follows: Production (units) 10,000 units Manufacturing costs Direct materials $ 1.50 / unit Direct labor $ 1.50 / unit Variable overhead $ 3.00 / unit Fixed overhead $50,000 (Total) Sales (units) 8,000 units Selling price $20.00/unit Non-manufacturing costs: Variable selling $48,000 Fixed selling $20,000 25. Product cost per unit using variable costing would be $6 $8 O $10 O $12 26. Ending inventory value using variable costing would be O $12,000 O O $18,000 $12 26. Ending inventory value using variable costing would be O $12,000 O $18,000 O $22,000 O $24,000 27. Income using variable costing would be $4,000 loss O $6,000 loss O $ 4,000 profit O $16,000 profit 28. Product cost per unit using absorption costing would be O $6 O $11 $12 28. Product cost per unit using absorption costing would be $6 $11 $12 $15 29. Ending inventory value using absorption costing would be $12,000 $18,000 O $22,000 $24,000 30. Income using absorption costing would be $4,000 loss $6,000 loss $4,000 profit $16,000 profit