Johnson Lug (JL) began making wheelbarrows in early 2018. The company uses standard costing and values their finished goods inventory using FIFO. The results of the company's operations for 2018 and 2019 are presented below: Production in units Sales in units Sales price per unit 2018 4,500 3,800 $24 2019 4,200 3,800 $25 JL has no beginning inventory for 2018. Actual Production Costs: Direct materials Direct labour Variable overhead Fixed overhead $12.00 per unit $4.00 per unit $2.00 per unit $8,100 Actual Selling & Marketing Costs: Variable Marketing Fixed Marketing 5% of sales $5.200 The budgeted level of production used to calculate the budgeted fixed manufacturing cost per unit is 4,500 units The costs have not changed from year to year Question 1 (20 points) Based on the general data, answer the following questions based on 2019 only: Based on the general data, answer the following questions based on 2019 only: Determine the ending inventory in units. Calculate the manufacturing variable cost per unit. Determine the budgeted FMOH rate per unit. (Round to 2 decimals) A Calculate the manufacturing absorption cost per unit. (Round to 2 decimals) Create a variable costing income statement based on standard cost for 2019 and answer the following questions based on 2019 only: Calculate the revenue for 2019 A What is the TOTAL variable manufacturing cost? A/ What is the TOTAL variable marketing cost? A/ Determine the 2019 total contribution margin. A/ Determine the 2019 total fixed costs What is the variable costing operating income for 2019 AJ