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..... $152 Variable manufacturing overhead .. $10 Fixed manufacturing overhead costs (total). $340,000 Selling and administrative costs: Variable. .. .... 15% of sales Fixed (total) ..... $ 160,000 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 $400 each. During the first month of operations, the following activity was recorded: Units produced 4,000 Units sold. ..... 3,200 Page 332 Required: 1. Compute the unit product cost under 1. Absorption costing. 2. Variable costing