Remaining Time: 59 minutes, 50 seconds. Question Completion Status: QUESTION 1 Zintel, a telecommunication company located in South America manufactures Micro Chips for Smart F operations data were as follows: Units in beginning inventory 10 Units produced 10,000 Units sold 8,000 Selling price per unit $120 tive expenses: Selling & Adminis Variable per unit Fixed (total) $8 $30,000 Manufacturing costs: Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead (total) $50 $32 $10 $110,000 Required: a. Calculate the unit product cost using the variable costing method. b. Prepare an income statement using the variable costing method. C. Calculate the unit product cost using the Absorption costing method d. Prepare an income statement using the Absorption costing method e. Calculate and explain the difference in the reported net operating income between the above me Click Save and Submit to save and submit. Click Save All Answers to save all answers