12

Green Company sells its product for $10400 per unit. Variable costs per unit are: manufacturing, $5000; and selling and administrative, $120. Fixed costs are: $34000 manufacturing overhead, and $44000 selling and administrative. There was no beginning inventory at 1/1/18. Production was 34 units per year in 20182020. Sales were 34 units in 2018, 30 units in 2019, and 38 units in 2020. Income under variable costing for 2019 is

$80400.

$84400.

$88000.

$164800.