Use the following to answer questions 13-16: 

Farron Company, which has only one product, has provided the following data concerning its most recent month of operations: 

Selling price $92 
Units in beginning inventory 0 
Units produced 8,700 
Units sold 8,300 
Units in ending inventory 400 
Variable costs per unit: 
Direct materials $13 
Direct labor 55 
Variable manufacturing overhead 1 
Variable selling and administrative 5 
Fixed costs: 
Fixed manufacturing overhead $130,500 
Fixed selling and administrative 8,300 

13. What is the unit product cost for the month under variable costing? 
A) $69 
B) $84 
C) $89 
D) $74 

14. What is the unit product cost for the month under absorption costing?
A) $74 
B) $89 
C) $69 
D) $84 

15. What is the net income for the month under variable costing? 
A) $10,600 
B) ($17,000) 
C) $16,600 
D) $6,000 

16. What is the net income for the month under absorption costing? 
A) ($17,000) 
B) $16,600 
C) $6,000 
D) $10,600