Mentor Corporation has provided the following information for the current year: Units produced Sale price...

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Accounting

Mentor Corporation has provided the following information for the current year:
Units produced
Sale price
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Variable selling and administrative costs
Fixed selling and administrative costs
3,500 units
$200 per unit
$ 70 per unit
$ 55 per unit
$ 20 per unit
$ 350,000 per year
$30 per unit
$ 150,000 per year
A) Calculate the product cost per unit using absorption costing.
B) Calculate the product cost per unit using variable costing
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