. MIN LTE 1:47 PM @ 1% Back WEEK 10- COSTING TECHNIQU... ASSIGNMENT A manufacturing set up Afrikiko Company is about winding up operations. The following costs were incurred during the company's final year of operations: Variable cost per 5 units: Gh Direct labour. 15 Variable manufacturing overhead. Direct materials 25 Selling 70 Fixed cost per year: Fixed production overhead 240,000 Fixed advert expenses 230,000 Production for the year amounted to 51,000units and sales units were 20,500 units. The selling price of the company's product is Gh 100 per unit. 9 Saturday, February 1.2020 19 ASSIGNMENT Required: a. Using the absorption costing method compute the unit product cost b) Using the absorption costing method prepare the income statement c) Using the variable costing method compute the unit product cost d) Using the variable costing method prepare the income statement e) Compare the profit under absorption costing and the profit reported under marginal costing Saturday, February 1, 2020 20