BEB.8 (LQ.1) During 2020, Rafael Corp. produced 40,000 units and sold 40,000 for $15 per unit. Variable manufacturing costs were $6 per unit. Annual foced manufacturing overhoad was $80,000 ($2 per unit). Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses were $20,000. Prepare a variable-costing income statement Prepare a variable-costing income statement.