Juno Corp. initiated operations in 2019. In 2020, the company began the year with 1,000 units in its Finished Goods Inventory. The company produced 10,000 units and sold 10,400 units in 2020. Juno Corp. computes its FMOH rate on an annual basis. The company's FMOH rate was $10 per unit in 2019 and $12 per unit in 2020. For Question 3, assume that Juno Corp. uses the FIFO method for its inventory. Compute the following: Net income reported under variable costing - Net income reported under absorption costing.