b) calculate the manufacturing cost per towel under absorption costing

c) prepare an absorption - costing income statement for empey manufacturing

Empey Manufacturing produces towels to be sold as souvenirs at sporting events throughout the world. Assume that units produced equalled units sold in 2020. The company's variable-costing income statement and other data are as follows: $580,285 EMPEY MANUFACTURING Income Statement Year Ended December 31, 2020 Variable Costing Sales (269.900 units) Variable cost of goods sold $269,900 Variable selling expenses 21.592 Variable administrative expenses 32,388 Contribution margin Fixed manufacturing overhead 94465 Fixed selling expenses 37,500 323,880 256,405 Fixed administrative expenses 42.800 174765 Net Income $81,640 Unit selling price $2.15 Variable costs per unit Direct material 0.20 Direct labour 0.40 0.40 Variable overhead Variable selling expenses Variable administrative expenses 0.08 0.12 Calculate the manufacturing cost per towel under variable costing (Round answer to 2 decimal places, es 15.25.) Manufacturing cost $ per towel