Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2020, the company incurred the following costs. Variable Costs per Unit Direct materials $10.20 $4.69 Direct labor Variable manufacturing overhead Variable selling and administrative expenses $7.89 $5.30 Fixed Costs per Year $323,000 Fixed manufacturing overhead Fixed selling and administrative expenses $285,736 Siren Company sells the fishing lures for $34.00. During 2020, the company sold 81,000 lures and produced 95.000 lures 2 Prepare a variable costing income statement for 2020. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45).) SIREN COMPANY Income Statement For the Year Ended December 31, 2020 Variable Costing Sales Variable Cost of Goods Sold Variable Selling and Administrative Expenses Contribution Margin Fixed Manufacturing Overhead Fixed Selling and Administrative Expenses Net Income/Loss) Assuming the company uses absorption costing, calculate Siren's manufacturing cost per unit for 2020. (Round answer to 2 decimal places, eg. 10.50.) Manufacturing cost per unit $ e Textbook and Media Prepare an absorption costing income statement for 2020. (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) SIREN COMPANY Income Statement For the Year Ended December 31, 2020 Absorption Costing Sales Cost of Goods Sold Gross Profit Variable Selling and Administrative Expenses Fixed Selling and Administrative Expenses Net Income/(Loss) $