Johnson, Inc. has collected the following data for November (there are no beginning inventories) EEB (Click the icon to view the data.) Read the requirements Requirement 1. Using absorption costing, calculate the unit product cost. (Round your final answer to the nearest cent.) Absorption Data Table costing Unit product cost Requirement 2. Prepare an income statement using the traditional format. Units produced and sold 300 units Johnson, Inc. Sales price 275 per unit Income Statement (Absorption Costing) Direct materials 42 per unit For the Month Ended November 30 Direct labor 82 per unit Variable manufacturing overhead 10 per unit Fixed manufacturing overhead 4,950 per month 60 per unit Variable selling and administrative costs 4,525 per month Fixed selling and administrative costs Operating Income PrintDone