Weyganat, Manag actice Assignment Gradebook ORION Downloadable eTextbook gnment FULL SCREEN PRINTER VERSION BACK NEXT Question 35 During 2020, Rafael Corp. produced 35,910 units and sold 35,910 for $14 per unit. Suppose the accountant for Rafael Corp. uses normal costing and uses the budgeted volume of 51,300 units. Variable manufacturing costs were $5 per unit. Annual fixed manufacturing overhead was $71,820 ($2 per unit). Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses were $30,780. The company expenses production volume variance to cost of goods sold in the accounting period in which it occurs. (a) Your answer is correct. Calculate the manufacturing cost per unit. (Round answer to 2 decimal places, e.g. 5.25.) Manufacturing cost 6.4 per unit SHOW ANSWER LINK TO TEXT Attempts: 1 of 2 used (b) wa 5:09 PM (b) Prepare a normal-costing income statement for the first year of operation. Rafael Corp. Income Statement-Normal Costing For the Year Ended December 31, 2020 Sales 502740 $ Cost of goods sold Beginning inventory 0 $