Green Company sells its product for $11000 per unit. Variable costs per unit are: manufacturing,...
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Green Company sells its product for $11000 per unit. Variable costs per unit are: manufacturing, $5900; and selling and administrative, $120. Fixed costs are: $31200 manufacturing overhead, and $41200 selling and administrative. There was no beginning inventory at 1/1/18. Production was 24 units per year in 20182020. Sales were 24 units in 2018, 20 units in 2019, and 28 units in 2020. Income under variable costing for 2020 is
$55520.
$61420.
$61840.
$67040.
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