Problem $6-20($Static$)$ Variable and Absorption Costing Unit Product Costs and Income Statements; Explanation of Difference in Net Operating Income $[$LO$6-1,$ LO$6-2,$ LO$6-3]$

$4$

points

High Country, Incorporated, produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation:

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References

$\backslash$table$[[$Beginning inventory,$0],[$Units produced,$10,000],[$Units sold,$8,000],[$Selling price per unit,$$75$