1. Fixed manufacturing costs are $52 per unit, and variable manufacturing costs are $215 per unit. Selling and administrative costs are $25 per unit variable and $15 per unit Fixed. Production was 30,000 units, while sales were 22,000 units at a selling price of $350 per unit. Determine (a) whether variable costing operating income is less than or greater than absorption costing operating income and (b) the difference in variable costing and absorption costing operating income. (c) prepare an absorption costing income statement (d) prepare a variable costing income statement.