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Variable Absorption (6 points) Hats "4" Sale had the following product information: Sales price $15 Direct materials 3 Direct labor 4 Variable O/H 2 Variable selling 1 Fixed Overhead Fixed Selling & Admin Expected production $10,000 $10,000 20,000 hats Question 32 (2 points) What is the product cost per unit under variable costing? Question 33 (2 points) What is the product cost per unit under absorption costing? Question 34 (1 point) Which costing method will show a higher net income if 20,000 hats are produced and only 15,000 are sold. The method (variable or absorption) that will show a higher net income is: absorption variable Question 35 (1 point) The net income will be higher by the following amount: Previous Page Next Page