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Walsh Company produces a single product. Last year, the company manufactured 25,000 units and sold 22,000 units. Production costs were as follows: Direct Material $100,000

Walsh Company produces a single product. Last year, the company manufactured 25,000 units and sold 22,000 units. Production costs were as follows:

Direct Material $100,000

Direct Labor. $ 75,000

Variable Manufacturing Overhead $. 50,000

Fixed Manufacturing Overhead. $ 75,000

Under absorption costing, the unit product cost will be:

Under absorption costing, the gross margin will be:

The contribution margin per unit will be:

Under variable costing, the total amount of fixed manufacturing cost in the ending inventory will be:

The net operating income under variable costing will be:

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