Discon Corporation manufactures a popular doll called Teardrops. Last yearthe company started with 10,000 dolls, produced 240,000 dolls, and ended the year with 8,000 dolls. Each doll was sold for $20. The actual unit cost for Teardrops is given below: Direct material $ 2 . 00 Direct labour 0,50 variable overhead 2 . 50 Fixed overhead 7 . 00 Total unit cost $12.00 ' The only selling expenses were a commission of $2 per unit sold and advertising amounting to $350,000 Administrative expenses, all fixed, equalled $270,000. There were no beginning and ending workinprocess inventories. Required: 1. Prepare an income statement. Discon Corporation Income Statement For the Year Ended December 31, XXXX Selling and administrative expenses:2. Calculate the following per unit costs: (Round your answers to 2 decimal places.) a Conversion cost _