Horace Company budgeted a production of 25,000 units. Horace uses the budgeted production as the allocation base. This is Horace Company's first year of production. Home Insert Page Layout Formulas Data A B 21,000 18,500 432 S es $ 34567899 1 Units produced 2 Units sold 3 Selling price 4 Variable costs: Manufacturing cost per unit produced: Direct materials Direct manufacturing labor Manufacturing overhead Marketing cost per unit sold 10 Fixed costs: 11 Manufacturing costs 23 12 Administrative costs 13 Marketing costs 33 62 46 3224 $1,550,000 906,300 1,479,000 Calculate the following using variable costing: a. Production cost per unit b. Inventoriable cost per unit c. Ending inventory is units a. Cost of ending inventory c. Cost of goods sold f. Contribution margin g. Operating income' h. Total fixed costs expensed i. Total fixed costs capitalized