for the year using absorption costing and variable costing.

Calculate the total product cost per unit produced under absorption costing and under variable costing.

$\backslash$table$[[,\backslash$table$[[$Absorption$],[$costing$]],\backslash$table$[[$Variable$],[$costing$]]],[$Total product cost per unit,$125,95]]$

Calculate the operating income for the year using absorption costing.

Absorption costing

$\backslash$table$[[$Net Sales Revenue$],[55,100]]$

Cost of Goods Sold

Gross Profit

Fixed Selling and Administrative Expenses

Operating Income

Calculate the operating income for the year using variable costing.

$\backslash$table$[[$Variable costing$],[$Net Sales Revenue$],[$Variable Cost$],[$Contribution Margin$],[$Fixed Manufacturing Costs$],[$Fixed Selling and Administrative Expenses$],[$Operating Income$]]$