L.ura Hall, CEO of Wildhorse Industries, is concerned about the recent volatility in the company's operating income. She believes that since the number of units sold has been fairly stable over the past three years that operating income also should have been stable. Laura asked Kevin Allen. Wildhorse's inventory manager, to help her understand the issue. Kevin reviewed the company's records and compiled the following changes to Finished Goods inventory (in units) for the years 2019 , 2020, and 2021. Kevin also gathered the 2019 income statements prepared using absorption costing and variable costing. which follow. (a) Compute the unit product cost for 2019,2020, and 2021 for variable and absorption costing. Assume that variable costs per unit and total fixed costs do not change from one yoar to the next. (Round onswers to 2 decimal phaces, ese. 15.25) Compute the unit product cost for 2019,2020, and 2021 for variable and absorption costing. Assume that variable costs per unit and total fixed costs do not change from one year to the next. (Round answers to 2 decimal ploces, e. . 15.25.)
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