If variable manufacturing costs are $15 per unit and total fixed manufacturing costs are $318,500, what is the manufacturing cost per unit if:

a. 4,900 units are manufactured and the company uses the variable costing concept? $fill in the blank 1

b. 6,500 units are manufactured and the company uses the variable costing concept? $fill in the blank 2

c. 4,900 units are manufactured and the company uses the absorption costing concept? $fill in the blank 3

d. 6,500 units are manufactured and the company uses the absorption costing concept? $fill in the blank 4

A business operated at 100% of capacity during its first month, with the following results:

Sales (98 units)		$470,400
Production costs (122 units):
Direct materials	$63,303
Direct labor	16,163
Variable factory overhead	28,284
Fixed factory overhead	26,938	134,688
Operating expenses:
Variable operating expenses	$5,233
Fixed operating expenses	4,688	9,921

The amount of gross profit that would be reported on the absorption costing income statement is

a.$470,278

b.$356,975

c.$362,208

d.$352,287