the coming year. Units production Unit direct materials. Unit direct labor Unit variable overhead Unit fixed overhead* Unit selling expense (variable) Total fixed selling expense Total fixed administrative expense The unit fixed overhead is based on 30,000 units produced. Required: 30,000 $14.23 $3.93 $2.36 $3.58 $2.00 $65,500 $231,000 1. Calculate the cost of one unit of product under absorption costing. Round to the nearest cent. $ 30 per unit 2. Calculate the cost of one unit of product under variable costing. Round to the nearest cent. per unit $ 3. Calculate operating income under absorption costing for next year. 30 Unit direct materials Unit direct labor Unit variable overhead Unit fixed overhead* Unit selling expense (variable) Total fixed selling expense Total fixed administrative expense The unit fixed overhead is based on 30,000 units produced. Required: $3.93 $2.36 $3.58 $2.00 $65,500 $231,000 1. Calculate the cost of one unit of product under absorption costing. Round to the nearest cent. per unit 2. Calculate the cost of one unit of product under variable costing. Round to the nearest cent. per unit 3. Calculate operating income under absorption costing for next year. 4. Calculate operating income under variable costing for next year