Testing Inc. had the following amounts: Direct materials $8 per unit Direct Labor $15 per unit Variable overhead $5 per unit Fixed overhead $90,000 Variable selling expenses $3 per unit Fixed selling and admin. expenses $150,000 75,000 units produced 60,000 units sold at $40 each Calculate the VARIABLE product cost per unit and prepare a Contribution Margin Income Statement under Variable Costing in order to fill in the rest of the information. (Remember you can submit your calculations for possible partial credit.) Variable product cost per unit $ Total Sales in dollars $ Contribution Margin $ Net Income $ $