Aces Inc , a manufacturer of tennis rackets, began operations this year The company produced 6,000 rackets and sold 4,900 Each racket was sold at a price of $90 Fixed overhead costs are $78,000, and fixed selling and administrative costs are $65,200 The company also reports the following per unit variable costs for the year Prepare an income statement under variable costing Variable product costs Variable selling and administrative expenses $25 00 2 00 Aces Inc , a manufacturer of tennis rackets, began operations this year The company produced 6,000 rackets and sold 4,900 Each racket was sold at a price of $90 Fixed overhead costs are $78,000, and fixed selling and administrative costs are $65,200 The company also reports the following per unit variable costs for the year Prepare an income statement under absorption costing Variable product costs Variable selling and administrative expenses $25 00 2 00

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Aces Inc , a manufacturer of tennis rackets, began operations this year  The company produced 6,000 rackets and sold 4,900  Each racket was sold at a price of $90  Fixed overhead costs are $78,000, and fixed selling and administrative costs are $65,200  The company also reports the following per unit variable costs for the year  Prepare an income statement under variable costing  Variable product costs Variable selling and administrative expenses  $25 00 2 00 Aces Inc , a manufacturer of tennis rackets, began operations this year  The company produced 6,000 rackets and sold 4,900  Each racket was sold at a price of $90  Fixed overhead costs are $78,000, and fixed selling and administrative costs are $65,200  The company also reports the following per unit variable costs for the year  Prepare an income statement under absorption costing  Variable product costs Variable selling and administrative expenses      $25 00 2 00

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Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 6,000 rackets and sold 4,900. Each racket was sold at a

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