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Problem 6 - 2 0 ( Static ) Variable and Absorption Costing Unit Product Costs and Income Statements; Explanation of Difference in Net Operating Income

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Problem 6-20(Static) Variable and Absorption Costing Unit Product Costs and Income Statements; Explanation of Difference in Net Operating Income [LO6-1, LO6-2, LO6-3]
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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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\table[[Beginning inventory,0],[Units produced,10,000],[Units sold,8,000],[Selling price per unit,$75
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