Wisconsin produces a single product. Data concerning the company's operations last year appear below: Units in beginning inventory 0; Production 2,000; Sold 1,900. Unit selling price P100; Direct materials P30; Direct labor P10; Variable manufacturing overhead P5; Variable selling and administrative P2; fixed manufacturing overhead P40,000; Fixed selling and administrative P60,000. 1. Compute the unit product cost under absorption costing 2. Compute the unit product cost under variable costing 3. Compute the ending inventory under absorption costing 4. Compute the ending inventory under variable costing 5. Compute the net income under absorption costing 6. Compute the net income under variable costing