Required Information Use the following Information for the Exerclse below. (Algo) [The following information applles to the questions displayed below.] Barnes Company reports the following for Its product for its first year of operations. Exercise 19-5 (Algo) Computing gross profit at different production levels LO P2 The company sells Its product for $140 per unlt. Compute gross profit using absorptlon costing assuming the company (a) produces and sells 2,500 unlts and (b) produces 3,200 unlts and sells 2,500 units