Laser-Save recycles used toner cartridges for laser printers. 1) In October, 1,000 cartridges were recycled and sold: Direct materials Direct labor Variable overhead Fixed overhead Variable selling & admin. Fixed selling & admin. Selling price
$5 funit $15 /unit $3 /unit $20,000
$1.25 /unit $12,000
$60 /unit ​a) Absorption costing i) Manufacturing cost/unit = ii) Operating income = b) Variable costing i) Manufacturing cost/unit = ii) Operating income =