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Garth created the following information for Waterway Company, a weighted$-$blanket manufacturer, to showcase differences between variable and absorption costing. Actual costs were the same as budgeted for this period, so no price or efficiency variances occurred. Any fixed$-$MOH volume variances are closed directly to COGS.

$($a$)$

Your answer is correct.

Specify the cost per unit that would be capitalized under $(1)$ variable costing and $(2)$ absorption costing. $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}25.)($a$)$

Your answer is correct.

Specify the cost per unit that would be capitalized under $(1)$ variable costing and $(2)$ absorption costing. $($Round answers to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

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$($b$)$

Your answer is partially correct.

Determine if there would be a fixed$-$MOH volume variance under either method. If so$,$ calculate the amount and specify the sign of the variance if applicable.

Fixed$-$MOH volume variance $\backslash (\backslash$quad $\backslash$$ $\backslash )$

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