cember 31, 2020: Beginning inventory, January 1, 2020 100,000 units Ending inventory, December 31, 2020 50,000 units 2020 Sales 400,000 units Selling price $25 per unit Variable manufacturing cost per unit, including direct materials $6 per unit Variable selling & admin cost per unit sold $2 per unit sold $1,625,000 Fixed manufacturing costs Fixed selling & admin. costs $1,100,000 Required: Aune standard costs per unit are the same for units in beginning inventory and units produced during the year. Also, assume no price, spending, or 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 BIVS Paragraph V Arial 10pt A I 86 Variable manufacturing cost per unit, including direct materials $6 p Vanable selling & admin cost per unit sold $2 p Fixed manufacturing costs Fixed selling & admin costs S1. inning inventory and units produced during the year. Also, assume no price, spending, or efficiency variances. e year ended December 31, 2020. 10pt ave all answers. I X