1. Variable and Absorption Costing (14 points) - Porta Light manufactures a high-quality LED light for home/office use. Data pertaining to the companys operations for the year are as follows:

Data	Number
Production for year	50,000	units
Budget for the year	45,000	units
Sales for the year	48,750	Units
Costs to produce one unit
Direct Materials	$3.60	Per unit
Direct Labor	1.00	Per unit
Variable overhead	.60	Per unit
Fixed overhead	22,500	Per year
Selling and Administrative expenses
Variable	.40	Per unit
Fixed	$150,000	Per year
Selling Price	$10	Per unit

The company uses standard costing and there are no price, efficiency, or spending variances.

What is the cost per unit under throughput costing? Cost per unit under absorption costing? operating income under absorption costing? Volume variance under variable costing? Volume variance under absorption costing? break even point with absorption costing?