Variable and Absorption Costing Scott Marutacturite makes only one product with total unit manufacturing costs of $54, of which 36 in variabin, Nounts were on hand at the beginning of 2015. During 2015 and 2016, the only product manufactured was sold for 184 per unit, and the cost structure did not change, Scott uses the firstin, first cutientory method and has the following production and sales for 2015 and 2016 2015 2016 Units Manufactured Units sold 120.000 10,000 120.000.000 Prepare gross profit computations for 2015 and 2016 using absorption costing Do not use negative signs with your answers Absorption Casting 2015 2016 75400910920.000 Cost of goods sold engine D 1620.000 6.40 DOO W.000 Goose 6,470.000 100.000 Les Engineer 140,000 tato Cutofoods wald 14.DOCI 0.020.00 Groot $ 27,000 000 000.000 by prepare gross profit computations for 2015 and 2016 using variable costing, Do not use negative signs with your answers. Variable Costing 2015 2016 Sales $ 7,560,000 $ 10,920,000 Variable cost of goods sold: Beginning inventory 0 1,080,000 Production 4,320,000 4,320,000 Goods available 4,320,000 5,400,000 Less: Ending inventory (1,080,000) X (720,000) Variable cost of goods sold (3,240,000) X (4,680,000) Less: Fixed manufacturing costs (2.160,000) X (2,160,000) Gross profit $ 2,160,000 $4,080,000