m ir takeAssignment takeAsson mentMain ? volessa ed&tkeAss nmentsess on ca rassignment takedi pro ess On December 31, the end of the first year of operations, Frankenreiter Inc. manufactured 25,600 units and sold 24,000 units. The following income statement was prepared, based on the variable costing concept: Frankenreiter Inc Variable Costing Income Statement For the Year Ended December 31, 20Y1 Sales $9,600,000 Variable cost of goods sold: Variable cost of goods manufactured Ending inventory Total variable cost of goods sold $5,376,000 (336,000) 5,040,000 $4,560,000 1,150,000 $3,410,000 ) Manufacturing margin Total variable selling and administrative expenses Contribution margin Fixed costs Fixed manufacturing costs Fixed selling and administrative expenses Total fixed costs $1,664,000 890,000 2,554,000 856,000 Income from operations Determine the unit cost of goods manufactured, based on (a) the variable costing concept and (b) the absorption costing concept PreviousNext Check My Work 4. 2/27/2018