Louie's Meals produces frozen meals, which it sells for $8 each. The company uses the fiF inventory oosting method, and it coenputes a new monthyy fixed manulacturing overtiead rate based on the actual number of meass produced that month. Al costs and production levels are exactly as planned. The following data are from the company's firit two monthe in businese: (Cick the icon to view the data.) Read the requiraments. Requirement 1. Compute the product cost per meal produced under absorption costing and under variable costing. Do this fint for January and then for February. Data table