al "Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales information for this year follows.Assume KCC uses absorption costing to prepare its Income Statement. Determine the total operating costs for the year." Manufacturing costs Direct materials $10 per unit Direct labor $20 perut Overhead costs Variable 55 per un Fixed $1,000,000 (per year) Selling and administrative costs for the year Variable 54,350,000 Fixed 55,300,000 Production and sales for the year Units produced 400,000 units Units sold 390,000 units Sales price per ut 565 per una "Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales information for this Xl year follows.Assume KCC uses absorption costing to prepare its Income Statement. Determine the net income for the year." Manufacturing costs Direct materials $10 per unit Direct labor $20 per unit Overhead costs Variable $5 per unit $1,000,000 (per year) Fixed Selling and administrative costs for the year Variable $4,350,000 Fixed $5,300,000 Production and sales for the year Units produced 400,000 units Units sold 390,000 units Sales price per unit 565 per unit A "Numero Uno Company reports the following information for the current year (see table), which is its first year of operations. Assume Numero Uno W uses absorption costing to prepare its Income Statement. Determine the total operating costs for the year." Direct materials $12 per unit Direct labor $15 per unit Variable factory overhead $3 per unit Fixed factory overhead $300,000 per year Variable Sales and Admin $2 per unit Fixed Sales and Admin $100,000 per year Units produced this year 30,000 units Units sold this year 28,000 units Ending finished goods inventory in units 2,000 t Unit price of Sales $50 per unit