prod sald 2 u +puany 4 al pud crd Chapter 8 perd d Boat Refit Inc. produces and sells custom parts for powerboats. The company uses a costing Abraphe Cost Jolume Pt Soles COLY GM system based on actual costs. Selected accounting and production information for fiscal 2020 is as follows: 3400 000--x yo oo0 Net income (under absorption costing) dnao000 S 400,000 3400 000 TAOFixed factory overhead Sales $3,400,000 s 600,000 Selling and administrative costs (all costs are fixed) S 280,000 $ 310,000 2,000 Net income (under variable costing) odo 400 o00Units produced Boat Refit had no work in process inventory at either the beginning or the end of fiscal 2020. As well, the company did not have any finished goods inventory at the beginning of the fiscal year. MI dh GM-990K Instructions manutachug ,DL, M Rok tayok a. Calculate the product costs per unit under absorption costing. dh Calculate the product costs per unit under variable costing. Calculate the costs of ending inventory under absorption costing. Calculate the cost of ending inventory under variable costing. GM-680K b. c. d. Cost unt 2720 000 $36 1700(1000-f03) 18iuo iri to suberg o prod 13/ nt absio uo en detnils sd oivib sho b botoonib to bd n bluow lo lior o bise i nolevib sh IntoT nolelviC sn3 noieivid 0 d