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 44,000 Units produced 39,000 Units sold Selling price per unit $82 Selling and administrative expenses: Variable per unit $4 $558,000 Fixed (per month) Manufacturing costs Direct materials cost per unit $17 Direct labor cost per unit $90 Variable manufacturing overhead cost per unit $4 $748,000 Fixed manufacturing overhead cost (per month) 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