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24.A company has the same variable costs per unit, the same fixed costs in total, and the same selling price in Years 1 and 2.

24.A company has the same variable costs per unit, the same fixed costs in total, and the same selling price in Years 1 and 2. Production and sales volume for the 2 years are as follows:

Year 1Year 2

Production (in units)50,00030,000

Sales (in units)40,00040,000

Which year would give the highest net income using variable costing?

Group of answer choices

Year 1

Year 2

Both years would give the same income using variable costing

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