2. Haigwood Company has 120 units in Finished Goods Inventory at the beginning of the accounting period. During the accounting period, Haigwood produced 190 units and sold 310 units for $180 each. All units incurred $90 in variable manufacturing costs and $16 in fixed manufacturing costs. Haigwood also incurred $7,400 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 Operating Income Calculate the operating income for the year using variable costing. Variable costing Operating Income