O'Rafferty's Products manufactures a single product Cont, sales, and production information for the company and its single product is as follows: (Click the soon to view the data) Road the requirements Requirement 1. Prepare an income statement for the upcoming year using variable costing. O'Rafforty's Products Contribution Margin Income Statement (Variable Costing) More Info For the Year Ended December 31 Less . Selling price per unit is $58 Variable manufacturing costs per unit manufactured (includes direct materials (OM), direct labor (DL), and variable MOH) $28 Variable operating expenses per unit sold 55 Fixed manufacturing overhead (MOH) in total for the year $135,000 Fixed operating expenses in total for the year $86,000 Units manufactured and sold for the year 9,000 units Less: Print Done