Units in beginning inventory.. 0 Units produced ..... 10,000 Units sold ........ 9,000 Selling price per unit Tk60 Direct materials .... Tk15 Direct labor ....... Tk5 Variable manufacturing overhead ............... Tk2 Variable selling and administrative ..... Tk4 Fixed manufacturing overhead ............ Tk200,000 Fixed selling and administrative .......... Tk70,000 Assume direct labor is a variable cost. Required: a. Compute the unit product cost under both absorption and variable costing. b. Prepare an income statement for the year using absorption costing. c. Prepare an income statement for the year using variable costing. d. Prepare a report reconciling the difference in net operating income between absorption and variable costing for the year