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2. Hacken Company has 110 units in Finished Goods Inventory at the beginning of the accounting period. During the accounting period, Hacken produced 230 units ani incurred $8,000 in Selling and Administrative Costs, all fixed. Calculate the operating income for the year using absorption costing and variable costing. Calculate the total product cost per unit produced under absorption costing and under variable costing. Absorption Variable costing costing Total product cost per unit Calculate the operating income for the year using absorption costing. Absorption costing Cost of Goods Sold Finished Goods Inventory, Ending Operating Income Calculate the operating income for the year using variable costing. Variable costing Operating Income 2. Hacken Company has 110 units in Finished Goods Inventory at the beginning of the accounting period. During the accounting period, Hacken produced 230 units ani incurred $8,000 in Selling and Administrative Costs, all fixed. Calculate the operating income for the year using absorption costing and variable costing. Calculate the total product cost per unit produced under absorption costing and under variable costing. Absorption Variable costing costing Total product cost per unit Calculate the operating income for the year using absorption costing. Absorption costing Cost of Goods Sold Finished Goods Inventory, Ending Operating Income Calculate the operating income for the year using variable costing. Variable costing Operating Income

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