10-During 2020, Rafael Corp. produced 39,300 units and sold 39,300 for $17 per unit. Variable manufacturing costs were $5 per unit. Annual fixed manufacturing overhead was $117,900 ($3 per unit). Variable selling and administrative costs were $3 per unit sold, and fixed selling and administrative expenses were $19,800. Prepare a variable-costing income statement.

Rafael Corp. Income StatementVariable Costing

				$

:

		$

:

$