Q13

Blossom Company sells its product for $11000 per unit. Variable costs per unit are manufacturing, $5900; and selling and administrative, $120. Fixed costs are: $31200 manufacturing overhead, and $41200 selling and administrative. There was no beginning inventory at 1/1/20, Production was 24 units per year in 2020-2022. Sales were 24 units in 2020, 20 units in 2021, and 28 units in 2022 Income under variable costing for 2022 is O $61420. O $55520. O $67040 O $61840