Current Attempt in Progress -11 III During 2020, Rafael Corp. produced 45,500 units and sold 27,300 for $15 per unit. Variable manufacturing costs were $7 per unit. Annual fixed manufacturing overhead was $81.900 ($3 per unit). Variable selling and administrative costs were $2 per unit sold, and fixed selling and administrative expenses were $19,300. (a) Prepare an absorption-costing income statement. Rafael Corp. Income Statement-Absorption Costing December 31, 2020 Sales $