Exercise $8-25$ Income Statements under Absorption and Variable Costing

In the coming year, Imre Company expects to sell $56,900$ units at $$26$ each. Imre's controller

provided the following information for the coming year.

$-$The unit fixed overhead is based on $60,000$ units produced.

Required:

Calculate the cost of one unit of product under absorption costing.

Calculate the cost of one unit of product under variable costing.

Calculate operating income under absorption costing for next year.

Calculate operating income under variable costing for next year.