CBB Inc. makes multi-colored glass lens for the astrological telescope industry and incurred the following: 20,000 16,000 $ 160 40 Units Produced Units Sold Unit Sales Price Manufacturing Cost Per Unit Direct Material Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead Full Manufacturing Cost Per Unit Nonmanufacturing Costs Variable Selling Expenses Fixed General and Administrative Costs $ ($320,000/20,000) = $ $ ta ta ta ta ta 16 16 112 $52,000 $55,000 Income for CBB Inc's under variable costing