Siren Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2017, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $8.18 $3.76 $6.32 $4.25 Fixed Costs per Year Fixed manufacturing overhead $264,810 Fixed selling and administrative expenses $229,009 Siren Company sells the fishing lures for $27.25. During 2017, the company sold 82,000 lures and produced 97,000 lures. Assuming the company uses variable costing, calculate Siren's manufacturing cost per unit for 2017. (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit eTextbook and Media $ Prepare a variable costing income statement for 2017. (Enter negative amounts using either a negative sign preceding the numbe -45 or parentheses e.g. (45).) SIREN COMPANY Income Statement Variable Costing $ $ eTextbook and Media $ Assuming the company uses absorption costing, calculate Siren's manufacturing cost per unit for 2017. (Round answer to 2 decimal places, e.g.10.50.) Manufacturing cost per unit $ Prepare an absorption costing income statement for 2017. (Enter negative amounts using either a negative sign preceding the n e.g. -45 or parentheses e.g. (45).) Sales Cost of Goods Sold Gross Profit SIREN COMPANY Income Statement December 31.2017 Absorption Costing $ 2,180,000 Variable Selling and Administrative Expenses Fixed Selling and Administrative Expenses Net Income/(Loss) SA $ 340,000 229,009 i 1,679,200 500,800 $ 68,209