1. What are the inventoriable cost per units using variable costing and absorption costing in June?

The ABC Co. produces and sells bicycles and uses standard costing. Here is the actual data for the second quarter of 2020: Units sold Units produced Direct labor hours per unit produced Fixed manufacturing overhead costs Fixed selling and administrative costs Direct materials cost per unit produced Direct labor cost per hour Variable manufacturing overhead per unit produced Variable selling expense per unit sold April 9,800 21,400 3 $452,000 $238,000 $64 $16 $8 $10 May 18,500 16,600 3 $452,000 $238,000 $64 $16 $8 $10 June 35,100 25,700 3 $452,000 $238,000 $64 $16 $8 $10 The company had 7,600 units in inventory at the beginning of the second quarter. The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 25,000 units in each month of the quarter. Each bicycle is sold for $220 per unit. The company has no price, efficiency, or spending variances, and any production-volume variances are written off to cost of goods sold (COGS) in the month they occur.