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Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold this
Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 90,000 units 54,000 units $ 26 per unit $ 28 per unit $ 3 per unit $ 720,000 in total Belle Company's product is sold for $82 per unit a Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $340,000 per year. Compute the net income under variable costing. Multiple Choice O $84,000 O $182.000 O $335,160 $134,000 $378.400
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