1-Is the fixed manufacturing overhead of $1,060,000 treated as a product cost in both absorption costing and variable costing? 2-What is the unit product cost under variable costing? 3-What is the unit product cost under absorption costing? 4-In the first year, does the company produce more products than it sells? Under absorption costing, does this mean fixed manufacturing overhead costs are released from inventory, or deferred in inventory? 5-What is the company’s total contribution margin under variable costing? can you selove these please with steps? Please find the attachment for complete question
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