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Present Novak's income statement for this year in good form under variable costing. (lList variable expenses before fixed expenses.) Franz's supervisor asked him to prepare

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Present Novak's income statement for this year in good form under variable costing. (lList variable expenses before fixed expenses.) Franz's supervisor asked him to prepare Novak Corporation's year-end results for its gaming chairs under variable costing instead of under the absorptlon costing method it hod tused for years (the company uses standard costing in both systems). Apparently. Novak is considering a change in methods for decision-making purposes. Franz's supervisor gave him the following information for Novak's most recently completed ycar. Actual costs were the same as budgeted costs for the gaming chairs this year

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