Chapter 7 Variable Costing and Segment Reporting 1. Wynne Corp., which has only one product and no units in beginning inventory, has provided the following information concering its most recent month of operations. Unit Selling Price 592 Units Produced 8,700 Units sold 8,300 Units in ending Inventory 400 Variable Cost Per Unit Direct Materials $14. Direct Labor $55. Variable Manufacturing Overhead. She Variable Selling and Administrative $5. Fixed Costs Fixed Manufacturing Overhead $130,500 Fixed Selling and Administrative $8,300 A. What is the unit product cost for the month using variable costing? Answer [10 points] B. What is the cost of goods sold for the month using variable costing? Answer [10 points) C. What is the unit product cost for the month using absorption costing? Answer [10 points) D. What is the cost of goods sold for the month using absorption costing? Answer [10 points)