Chapter 6 Homework @ Seved 16 Trez Company began operations this year. During this fest year, the company produced 100,000 units and sold 80.000 units The absorption conting income statement for this year follow $3,600,000 Sales (10,000 units per unit) cost of stoods sold Bestinning inventory Cost of goods manufactured (100,000 units $25 per unit) Cost of goods available for sale Ending inventory (20,000 $35) Cost of goods sold Gross waren Selling and administrative expenses Net Income 2.500.000 2,500,000 500, 2,000,000 1,600,000 510.00 $1,099.000 Additional Information a. Selling and administrative expenses comit of $ 350,000 in annual fined expenses and $2 petunt in variable selling and odninistrative expenses b. The company's product cost of $25 per unit is computed as follows Direct me Direct Labor Variable overhead Fixed overhead (600.000 100.000 units) S permit $11 per unit 5) per unit $6 per unit Camila Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 Prepare an income statement for the company under variable costing. TREZ Company Variable Costing Income Statement Not income (loss) Required Required 2 > Complete this question by entering your answers in the tabs below. Required Required 2 Fill in the banks units The dollar difference in variable costing income and absorption costing.com