Aces Inc., a manufacturer of tennis rackets began operations this year.

Saved Help QS 6-3 Variable costing income statement LO P2 Aces Inc., a manufacturer of tennis rackets, began operations this year The company produced 5.300 rackets and sold 4,200. Eae racket was sold at a price of $83. Fixed overhead costs are $65190 and fixed selling and administrative costs afe $64.500. The company also reports the following per unit costs for the year Variable product costs Variable selling and administrative expenses 24.30 S 1.30 Prepare an income statement under variable costing. ACES INC. Variable Costing Income Statement ACES INC. Variable Costing Income Statement Net income (loss)