Ashton Inc. produces a single product. In February, the company's variable manufacturing costs totaled $7.200 and its fixed manufacturing costs Totaled $4,800. The company produced 2.400 units in February and sold 3,000 units. There were 800 units in herinning inventory and the unit product cost for units in beginning inventory was the same as units produced in February: Which of the following statements is true? Unit product cost will be $5.00 under variable costing Operating income under absorption costing for February will be $400 less than operating income under variable costing The value of ending inventory under absorption costing will be $400 less than the value of ending inventory under variable costing Unit product cost will be $3.00 under absorption costing None of the above 1