What is product cost per unit under variable costing?

QUESTION 1 A company had net income of $70,000 under variable costing. Beginning and ending inventories were 800 units and 1,200 units, respectively. Fixed overhead per unit was $8 for both beginning and ending inventory. What is net income under absorption costing? $54,000 O $66,800 $73.200 O $86,000 QUESTION 2 A company sold 10,000 units of product at S40 per unit. Total variable cost is $14 per unit, consisting of $10 in variable production cost and $4 in variable selling and administrative cost. What is the contribution margin under variable costing? $40,000 $100,000 $260,000 $300,000 QUESTION 3 Based on expected production of 10,000 units, a company reports the following costs: direct materials cost of $4 per unit, direct labor cost of $2 per unit, variable overhead of $30,000, and fixed overhead of $50,000. What is product cost per unit under absorption costing? $6 per unit $9 per unit $11 per unit $14 per unit QUESTION 4 Based on expected production of 10,000 units, a company reports the following costs: direct materials cost of S4 per unit, direct labor cost of $2 per unit variable overhead of $30,000, and fixed overhead of S50,000. What is product cost per unit under variable costing? $6 per unit S9 per unit $11 per unit $14 per unit QUESTION 5 Based on expected production of 10,000 units, a company reports the following costs: direct materials cost of $4 per unit, direct labor cost of $2 per unit variable overhead of $10,000, and fixed overhead of S20,000, variable operating expenses of $30,000, and fixed operating expenses of $50,000. There is no beginning inventory. If 8,000 units are sold at $20 per unit, what is net income under variable costing? O S10,000 $14,000 $30,000 O $50,000 QUESTION 6 Based on expected production of 10,000 units, a company reports the following costs: direct materials cost of $4 per unit, direct labor cost of $2 per unit, variable overhead of $10,000, and fixed overhead of S20,000, variable operating expenses of $30,000, and fixed operating expenses of $50,000. There is no beginning inventory. If 8,000 units are sold at $20 per unit, what cost is assigned to ending inventory under absorption costing? O $4,000 $14,000 $18,000