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Fresh Air Products manufactures and sells a variety of camping products. Recently the company opened a new plant to manufacture a deluxe portable cooking unit. Cost and sales data for the first month of operations are shown below: Manufacturing Costs Fixed overhead $ 150,000 Variable overhead $ 7 per unit Direct labour $ 15 per unit Direct material $33 per unit Beginning inventory 0 units Units produced 15,000 Units sold 11,000 Selling and administrative costs Fixed $ 121,000 Variable $3 per unit sold The portable cooking unit sells for $90. Management is interested in the opening month's results and has asked for an income statement. Instructions Assume the company uses variable costing Calculate the production cost ner unit and prenare an income statement for the month of June 2020 hp Selling and administrative costs Fixed $ 121,000 Variable $3 per unit sold The portable cooking unit sells for $90. Management is interested in the opening month's results and has asked for an income statement Instructions Assume the company uses variable costing a) Calculate the production cost per unit and prepare an income statement for the month of June 2020 b) Explain the amount by which absorption costing income would differ from variable costing income (Calculate difference without computing absorption-costing income.) 8 Format B I U .. A /> hp