Variable-Costing Income Statement During the most recent year, Beyta Company had the following data Units in beginning inventory Units produced 10,000 Units sold ($60 per unit) 8,800 Variable costs per unit: Direct materials $12 Direct labor Variable overhead $5 Fixed costs: Fixed overhead per unit $8 produced Fixed selling and administrative $138,000 $7 Required: 1. Calculate the cost of goods sold under variable costing. 2. Prepare an income statement using variable costing. Beyta Company Income Statement under Variable Costing For the Most Recent Year $ $