Energy Glow Light (EGL), a producer of energy efficient light bulbs, expect that demand will increase markedy over the next decade. Due to the high fixed costs involved in the business, EGL has decided to evaluates financial performance using absorption costing income. The production volume variance is written off to cost of goods sold. The variable cost of production is $2.70 per bulb. Fed manufacturing costs are $1,020.000 per year. Variable and foedseling and administrative expenses are $0 20 per bulb sold and $290,000, respectively. Because its light bulbs are currently popular with environmentally conscious customers, EGL can sell the bulbs for $9.00 each. EGL deciding among various concepts of capacity for calculating the cost of each unit produced. Its choices are as follows Click the icon to view the capachy Information) Read the ments X 1 Requirements Data table 1. Calculate the inventoriable cost per un using each level of capacity to compute Fored utachuring cost per unit. 2. Suppose EGL actually produces 250.000 bulbs. Calculate the production volume variation using each level of credity to computer fund manufacturing overhead allocation mate. 3. Assume EGL has no beginning inventory. If this year's actual sales are 212.500 buts and production is 250.000 buscalolate operating income for EOL sing each type of capacity to compute find manufacturing colper unit Theoretical capacity 350.000 bulbs Practical capacity 425,000 bulbs Normal capacity 272,000 b (average espected output for the next 3 years) Master-budget capacity 212.800 buts expected production this year