Wu Equipment Company manufactures and distributes industrial air compressors. The following data are available for the year ended December 31, 2020. The company had no beginning inventory. In 2020, it produced 1,410 units but sold only 1,210 units. The unit selling price was $4,570. Costs and expenses were as follows: Variable costs per unit Direct materials Direct labour Variable manufacturing overhead $760 1,380 210 Variable selling and administrative expenses 65 Annual fixed costs and expenses (a) Fixed manufacturing overhead $1,192,000 Selling and administrative expenses 104,900 Your answer has been saved. See score details after the due date. Calculate the manufacturing cost of one unit of product using variable costing. Manufacturing cost 2350 per unit Prepare a 2020 income statement for Wu Company using variable costing. WU EQUIPMENT COMPANY Income Statement For the Year Ended December 31, 2020 Variable Costing Sales Less Variable costs Variable cost of goods sold 2350 Variable selling and administrative expenses 91650 Total variable costs Contribution margin Less Fixed costs Fixed manufacturing overhead Fixed selling and administrative expenses Total fixed costs Net income S 1192000 104900 S 1706100 94000 1612100 1296900 315200 (c) Calculate the manufacturing cost of one unit of product using throughput costing Manufacturing cost per unit eTextbook and Media Save for Later Attempts: 0 of 1 used Submit Answer (d) The parts of this question must be completed in order. This part will be available when you complete the part above. (e) The parts of this question must be completed in order. This part will be available when you complete the part above