Triton Industries Reports the Following Information Regarding Its Production Cost

Essay

Triton Industries reports the following information regarding its production cost. $$\begin{array} { l l } \text { Units produced } & 77,000 \text { units } \\\text { Direct labor } & \$ 27 \text { per unit } \\\text { Direct materials } & \$ 12 \text { per unit } \\\text { Variable overhead } & \$ 2,541,000 \text { in total } \\\text { Fixed overhead } & \$ 3,311,000 \text { in total }\end{array}$$
(a.) Compute production cost per unit under variable costing.
(b.) Compute production cost per unit under absorption costing.