Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $53. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 0 22,200 20,100 2100 $ 12 14 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative 6 00 Total variable cost per unit 40 Fixed costs: Fixed manufacturing overhead $ 82,000 Fixed selling and 117.000 administrative Total fixed costs $199,000 Required: 1. Assume that the company uses variable costing. Compute the unit product cost for one storage cabinet. 2. Assume that the company uses variable costing. Prepare a contribution format income statement for the year. Variable Costing Income Statement Variable expenses Variable cost of goods sold Fixed expenses 3. What is the company's break-even point in terms of units sold? (Round your answer to the nearest whole number.) Break-even units sales units