A. Calculate production cost per unit using absorption costing method.

B. Calculate production cost per unit using variable costing method.

C. Calculate the income and ending finished goods inventory using absorption costing method.

D. Calculate the income and ending finished goods inventory using variable costing method.

Question 4 Actual costs for Nesbit, Inc., for the past year were as follows: Direct materials (2 kilos at $2.50) $5 per unit Direct labor (1 hour at $10/hour) $10 per unit Variable manufacturing overhead $2 per unit Total fixed manufacturing overhead $294,000 Variable selling and administrative $3 per unit Fixed selling and administrative $80,000 During the year, 42,000 units were produced and 37,000 units were sold. The product sells for $50 per unit