y pro Wory Cheve the The company hart Raya Industri man Coin For the Year Requirements Data table www Die War Wenn What . What Wall Tata portional manufacturing Viewing di per Une 100 7.000 17000 1300 Wh Who the two I Data table Selling price per unit .... .. $ 49.00 Direct material per unit... $ 18.00 Direct labor per unit.... $ 6.00 Total annual manufacturing overhead ........... $ 221,000 Fixed portion of annual manufacturing overhead .$ 187,000 Variable operating expenses per unit sold ..... $ 3.00 Fixed operating expenses per year in total....... $ 47,000 Units manufactured ... 17,000 Units sold .... 13,000 Requirements .00 a. 0.00 9.00 C. 000 1. Prepare two income statements for the year, one using absorption costing and one using variable costing. Use those statements to answer the following questions: What is the product cost per unit using absorption costing? b. What is the product cost per unit using variable costing? What is the ending inventory balance using absorption costing? d. What is the ending inventory balance using variable costing? What is cost of goods sold using absorption costing? f. What is cost of goods sold using variable costing? g. What is operating income using absorption costing? h. What is operating income using variable costing? 2. What is the underlying reason for the difference in operating income between the two costing methods? 000 e. B.00 000 1000 000