2 The Hame Company manufactures trendy, good-looking, moderately priced umbrellas. The following data are for the year Required: Assume standard costs per unit are the same for units in beginning inventory and units produced during the year. Also, assu Prepare income statement under variable costing for the year ended December 31, 2020. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 1001 !! A er 31, 2020: Beginning inventory, January 1, 2020 Ending inventory, December 31, 2020 Selling price Variable manufacturing cost per unit, including direct materials Variable selling & admin. cost per unit sold Fixed manufacturing costs Fixed selling & admin. costs 100,000 units 50,000 units 400,000 mits $25 per unit S per unit $2 per unit sold $1.625,000 $1,100,000