Zurgot Inc. has just organized a new division to manufacture and sell specially designed computer tables, using select hardwoods. The division's monthly costs are shown in the schedule below: Manufacturing costs: Variable costs per unit: Direct materials Variable manufacturing overhead Fixed manufacturing overhead costs (total) Selling and administrative costs: Variable Fixed (total) 1781 19 $648,375 10% of sales $263,250 Zurgot regards all of its workers as full-time employees, and the company has a long-standing no-layoff policy Furthermore production is highly automated. Accordingly, the company includes its labour costs in its fixed manufacturing overhead. The tables sell for $480 each. During the first month of operations, the following activity was recorded Units produced Units sold 4,675 3,990 Required: 1. Compute the unit product cost under each of the following costing method Unit Product Absorption costing b Variable costing Cost 288 191