Practice question for Variable costing Selected data for ABC of past year of operations are presented below Product A Production [ in units] 160000 Sales ( in units 100000 Selling price $12.00 DLHours 2000 Manufacturing cost : DM [$] 500,000 Hourly rate [$] 10 Variable overhead [$] 140,000 Fixed Manufacturing overhead [S] 150,000 Variable Non manufacturing cost [$] 55,000 Beginning inventory of product A= $2000 Ending inventory of A = $3500 REQUIRED 1. Calculate product cost of product A using variable cost. 2. Calculate product cost of product A using absorption cost 3. Calculate Unit product cost of product B using variable cost