Vintage Company reports the following information.

Direct materials	$ 10	per unit
Direct labor	$ 20	per unit
Units produced per year	20,000	units
Variable overhead	$ 10	per unit
Fixed overhead	$ 160,000	per year

1. Compute product cost per unit under absorption costing.

Product cost per unit using absorption costing	Per unit
Direct materials
Direct labor
Variable overhead
Fixed overhead
Product cost per unit	$0

2.Compute product cost per unit under variable costing.

Product cost per unit using variable costing	Per unit
Product cost per unit	$0