PLEASE HELP ME SOLVE THIS.

2. Prepare an income statement. MERIWELL COMPANY Income Statement For the Year Just Completed Cost of goods sold: Goods available for sale Less operating expenses: 0) 3. Assume that the company produced the equivalent of 10,000 units of product during the year just completed. What was the average cost per unit for direct materials and factory depreciation? (Round your answers 2 to decimal places.) Average Cost Direct materials per unit per unit Factory depreciation 4. Assume that the company expects to produce 20,000 units of product during the coming year. What average cost per unit and what total cost would you expect the company to incur for direct materials at this level of activity? For factory depreciation? (In preparing your answer, assume that direct materials are a variable cost and that depreciation is a fixed cost; also, assume that depreciation is computed on a straight-line basis.) (Round your "Average Cost" answers 2 to decimal places.) Average Cost Total Cost Direct materials per unit Factory depreciation per unit