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Flexsteel Industries manufactures furniture for the retail, contract, and recreational vehicle furniture markets. Flexsteel reported the following costs for April: Units Produced 20,000 Units Sold

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Flexsteel Industries manufactures furniture for the retail, contract, and recreational vehicle furniture markets. Flexsteel reported the following costs for April: Units Produced 20,000 Units Sold 17,00 Unit Sales Price $200 Manufacturing Cost. Direct Material per unit $50 Direct Labor per unit $25 Variable Manufacturing $10 Overhead per unit Fixed Manufacturing $400,000 Overhead Nonmanufacturing Costs Variable Selling $80,000 Expenses Fixed General and $75,000 Administrative Costs What is income under variable costing? Multiple Choice O $1,745,000 O $1,400,000 O $1,785,000 O $1,460,000

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