\begin{tabular}{|l|l|} \hline Units produced & 1,000 \\ \hline Units sold & 700@$50 \\ \hline DM, DL, VOH & $4.00 per unit \\ \hline Fixed Overhead & $14,000 \\ \hline Variable Selling \& Admin & $1.00 per unit \\ \hline Fixed Selling \& Admin & $12,000 \\ \hline \end{tabular} 2. Using absorption costing, compute the following: A. Total unit product cost B. Cost of Goods Sold C. Net operating income (loss) 3. Compute the difference in NOI in variable costing and absorption costing. Then explain the reason for the difference in net operating income including a calculation of the cause of the difference