Grainger Company produces only one product and sells that product for $90 per unit. Cost information for the product is as follows: Selling expenses are $5 per unit and are all variable. Administrative expenses of $20,000 are all fixed. Grainger produced 4,000 units; sold 3,200; and had no beginning inventory. A. Compute net income under i. Absorption Costing \$ ii. Variable Costing 9 B. Which costing method provide higher net income? By how much? The method provided more net income by $