Book Show Me How Printem Bellingham Company produces a product that requires 2.5 standard pounds per unit at a standard price of $3.75 per pound. The company used 36,000 pounds to produce 15,000 units, which were purchased at 54.00 per pound. Each unit requires 4 standard direct labor hours per unit at a standard hourly rate of $20 per hout. For the 15,000 units produced, 61,800 hours were needed and employees were paid an hourly rate of $19.85 per hour. The company uses a standard variable overhead cost per unit of $0.90 per direct laber hour. Actual vartable factory overhead was $52.770. The company uses a standard ved overhead cost per unit of $1.15 per direct labor hour at 58,000 hours, which is 100% of normal capacity Prepare an income statement through gross profit for Bellingham Company for the month ending March 31. Assume Bellingham sold 15,000 units at $172 per unit. For those bones in which you must enter subtractive or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank Bellingham Company Income Statement through Gross Profit For the Month Ending March 31 Sales Cost of goods sold at standard Grout profitat standard Favorable Unfavorable Variance from standard cost Direct materials price Direct materials untity Directorate Direct bortime Factory overhead factory overhead volume likli Netvorom navorab od Ororot