Apple, Inc. has collected the following data for November (there are no beginning inventories): (Click the icon to view the data.) Read the requirements. Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption costing Unit product cost Requirement 2. Prepare an income statement using the traditional format. Apple, Inc. Income Statement (Absorption Costing) For the Month Ended November 30 Operating Income Requirements 1. Using absorption costing, calculate the unit product cost. 2. Prepare an income statement using the traditional format. Print Done Data table - Units produced and sold 700 units Sales price $225 per unit Direct materials 45 per unit Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative costs Fixed selling and administrative costs 78 per unit 30 per unit 9,800 per month 45 per unit 4,500 per month Print Done