High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: Beginning inventory Units produced 49,000 44,000 Units sold Selling price per unit Selling and administrative expenses: Variable per unit $565,000 Fixed per month Manufacturing costs: Direct materials cost per unit $17 $6 Direct labor cost per unit $22 Variable manufacturing overhead cost per unit Fixed manufacturing overhead cost per month $833,000 Management is anxious to see how profitable the new camp cot will be and has asked that an income statement be prepared for May. Required: 1. Assume that the company uses absorption costing a. Determine the unit product cost. nit product cost