Question 1:

Question 2:

If the number of units sold is greater than the number of units produced, net income will be higher under variable costing than under full costing. variable costing will assign some fixed manufacturing costs to the units in ending inventory. full costing and variable costing will yield the same net income. inventory levels will increase. Ranger Roadsters experienced the following costs in 2020 (assume the same unit costs in all years): There were 6,000 units in beginning inventory. During the year, the company manufactured 45,500 units and sold 48,000 units. If net income using variable costing was $82,500, how much is net income using full costing? $86,625$88,275$76,725$78,375