Vijay Company reports the following information regarding its production costs. A to 10.60 per unit 20.60 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 10.60 per unit $223,600 26,000 units Compute its product cost per unit under absorption costing. Product cost per unit Vijay Company reports the following information regarding its production costs. $ 9.70 per unit $ 19.70 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced $ 9.70 per unit $130,900 17,000 units Compute its product cost per unit under variable costing. Product cost per unit Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 7000 rackets and sold 5,900. Each racket was sold at a price of $100. Fixed overhead costs are $98,000 and fixed selling and administrative costs are $66,200. The company also reports the following per unit costs for the year. Variable product costs Variable selling and administrative expenses $26.00 $ 3.00 Prepare an income statement under variable costing.. ACES INC Variable Costing Income Statement Net income loss) Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,200 rackets and sold 5,100. Each racket was sold at a price of $92. Fixed overhead costs are $81,840 and fixed selling and administrative costs are $65,400. The company also reports the following per unit variable costs for the year Variable product costs Variable selling and administrative expenses $25.20 $ 2.20 Prepare an income statement under absorption costing. ACES INC Absorption Costing Income Statement Selling general and administrative expenses Net income (los)