Variable Absorption (6 points) Hats "4" Sale had the following product information: $15 3 4 2 Sales price Direct materials Direct labor Variable O/H Variable selling Fixed Overhead Fixed Selling & Admin Expected production 1 $10,000 $10,000 20,000 hats Question 32 (2 points) What is the product cost per unit under variable costing? Question 33 12 points) What is the product cost per unit under absorption costing? Question 341 point) Which costing method will show a higher net income il 20,000 hats are produced and only 15.000 are sold The method (variable or absorption) that will show a higher net income is variable absorption Question 35 11 point) The net income will be higher by the following amount @