Section 2 a) Calculate per unit product cost under variable costing b) Calculate per 10 points unit product cost under absorption costing c) Prepare an income statement for the month using variable costing d)Prepare an income statement for the month using absorption costing. Far East Telecom Ltd. has organized a new division to manufacture and sell mobile telephones Monthly costs associated with the mobile phones and with the plant in which the mobile phones are manufactured are as shown below: Manufacturing costs: Variable costs per un Direct Materials $48.00 Variable manufacturing overheads $2.00 Fixed manufacturing overheads S3 60.000 Selling and administrative costs Variable Fixed (Total) 12% of sale S4 000 Far East Telecen regards all of its workers as follime employees, and the company has a longstanding no lavoff policy. Furthermore, production is lughh automated Accordingly, the company has included in its fixed manufacturing on exhoads all of its Labor costs The mobile phone well for $150 eath Dang Septemba the first month of operations, the following activity was recorded Un, produced Unit old 100 10000