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Khorfakkan Inc. manufactures one product and has provided the following information for March 2020: O units 9,000 units 7,200 units 1,800 units $60.00 Units Beginning

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Khorfakkan Inc. manufactures one product and has provided the following information for March 2020: O units 9,000 units 7,200 units 1,800 units $60.00 Units Beginning inventory Produced Sold Ending inventory Selling price per unit Marketing & Administrative expenses Variable cost per unit Fixed (total) Manufacturing costs: Direct materials cost per unit Direct labor cost per unit Variable manufacturing overhead cost per unit Fixed manufacturing overhead (total) $7.50 $16,500 $15 $11 $9 $36,200 Required: a. Calculate the unit product cost using the variable costing method. b. Prepare an income statement using the variable costing method. You should copy (Ctrl-c) and paste (Ctrl-v) the table below into your answer area and complete it with the necessary information

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