Blue Jay Corporation reports the following first year production cost information: Units produced 42,000 units Units sold 40,000 units Sales price $325 per unit Direct labor $35 per unit Direct materials $19 per unit Variable overhead $882,000 in total Fixed overhead $630,000 in total Operating expenses (all fixed) $1,000,000 Complete the requirements below, showing as much of your work as is practical! a-Compute production cost per unit under variable costing. b-Compute production cost per unit under absorption costing. c-Determine the net income using variable costing. d-Determine the net income using absorption costing. e-Explain the reason for the difference in net income under absorption and variable costing