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Help Seve&Exit Submit Check my work QS 21-19B Variable costing income statement LO P5 Aces Inc., a manufacturer of t ennis rackets, began operations this
Help Seve&Exit Submit Check my work QS 21-19B Variable costing income statement LO P5 Aces Inc., a manufacturer of t ennis rackets, began operations this year. The company produced 6.200 rackets and sold 5,100 Each racket was sold at a price of $92. Fixed overhead costs are $81,840, and fixed selling and administrative costs are $65,400. The company also reports the following per unit costs for the year Variable production costs Variable selling and administrative expenses $25.20 s2.20 Required: Prepare an income statement under variable costing Variable C Net income (lees) Neat
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