Grainger Company produces only one product and sells that product for $110 per unit. Cost information for the product is as follows: Selling expenses are $5 per unit and are all vartable. Administrative expenses of $30,000 are all fixed. Grainger produced 6,000 urats; sold 4,800; and had no beginning inventocy. A. Compute net income under 1. Absorption costing 1 1. Variable Costino 1 8. Which couving method provde higher net income? By bow much? The method prowided more net income by 1