Use the first two images to answer the question on Image three using the SAME ACCOUNTS. All that has changed in the third image are the numbers. Don't use pencil or pen. Answers must be typed using professional accounting formatting.

BE8.4 (LO 1) Large Orange Company produces basketballs. It incurred the following costs during the year: I Calculate product costs under variable costing. l Direct materials $14,400 Direct labour 25,600 Fixed manufacturing overhead 12,000 Variable manufacturing overhead 29,400 Selling costs 21,000 What is the total product cost for the company under variable costing? BE8.5 (L0 1) Information for Large Orange Company is given in BE8.4. What is the total product cost for the company under absorption costing? Calculate product costs under absorption costing. Brief Exercise 8.5 Large Orange Company produces basketballs. It incurred the following costs during the year: Direct materials $14,100 Direct labour 25,600 Fixed manufacturing overhead 11,700 Variable manufacturing overhead 29,600 Selling costs 20,700 What is the total product cost for the company under absorption costing? Total product cost $ BRIEF EXERCISE 8.5 Absorption Costing Direct materials $14,400 Direct labour 25,600 Variable manufacturing overhead 29,400 Fixed manufacturing overhead 12,000 Total product costs $81,400