High Country, incorporated, produces and sels many recreationul products. The company has lot opened a now pig to proctuce a foiding camp cot that will be marketed throughout the Unised States . The folowing cost acd revenide data relate fo thay the frit mamin of the plant's operation: Management is ansious to assess the profitabilty of the new camp cot during the month of May Bequired: 1. Assume that the compary sses absorphon cossing a. Calculate the unit product cost b. Prepare an income statement for Mry 2. Assume that the company ates variabie costing a. Calculate the unit prodiuct cost b. Prenare a contribution format income statement for May Compiete this question by entering your anwwers in the table bulem. Determine the unat gredict cost, Assume that the senpery uses aficifition coibing