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Jeninfer and Jo own 123 Company which manufactures and sells a tingle product. Copt data for the product follow: The product sells for $40 per

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Jeninfer and Jo own 123 Company which manufactures and sells a tingle product. Copt data for the product follow: The product sells for $40 per unit. Production and sales data for May \& June, the first two months of operations, are as follows: 1. (2 Marks) Determine the unit product cost under: Absorption Costing : Place Answer Here: 2. ( 2 Marks) Under the variable costing method what is the dollar value of the ending inventory as of the end of June: 3. (2 Marks) Over the two-month period of time (May \& June) which method (Absorption or Variable or neither) would produce the higher net income? Place answer here

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