Following is the revenue and cost data for Pharoah Inc. in the manufacturing of children's bedding for the year ended December 31, 2022: Direct materials $32.00 per bed cover Direct labour $12.00 per bed cover Variable manufacturing overhead $8.00 per bed cover Fixed manufacturing overhead $9,990 Variable selling and administrative expenses $16.00 per bed cover Fixed selling and administrative expenses $88,400 Selling price $120.00 per bed cover Units produced and sold 10,100 bed covers Assume the company uses normal-absorption costing and uses the budgeted volume of 11,100 units to allocate the fixed overhead rate rather than the actual production volume of 10,100 units. The company expenses production volume variances to cost of goods sold in the accounting period in which they occur. (a) Your answer has been saved. See score details after the due date. Calculate the unit manufacturing cost. (Round per unit calculations and final answer to 2 decimal places, e.g. 15.25.) Manufacturing cost $ 61 per unit (b) Prepare a normal-absorption costing income statement for 2022. PharoahInc. Income Statement For the Year Ended December 31, 2022 Using Normal-Absorption Costing Approach Sales $ Cost of goods sold Unfavourable volume variance Fixed costs Fixed selling and administrative expenses Variable selling and administrative expenses Net income / (loss) $