1. absorption cost is? 100.20 105.50 74 70 2. variable costing unit product cost is? 70 74 105.50 100.20 3. if 6,000 units are sold during the period, total period cost under variable costing would be? 188,100 396,000 422,400 420,000 4. if 6,000 units sold during the period, total period cost under absorption costing would be? 188,100 185,700 243,300 422,400 5. if 6,000 units are sold during this period, net income under the absorption costing approach will be?

Use the following information for questions 1-5: # of units produced 6,600 Variable Costs per Unit: Direct Materials $46 Direct Labor $16 Variable Manufacturing Overhead $8 Variable Selling & Admin. Expense $4 Fixed Costs per year: Fixed Manufacturing Overhead $234,300 Fixed Selling & Admin $161,700 The Absorption Costing Unit Product Cost is: O $15,750 lower than net income under the variable costing approach O $15,750 higher than net income under the variable costing approach O $21,300 higher than net income under the variable costing approach O $21,300 lower than net income under the variable costing approach