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[The following information applies to the questions displayed below.) Red and White Company reported the following monthly data: Units produced 2,000 units: Sales price
[The following information applies to the questions displayed below.) Red and White Company reported the following monthly data: Units produced 2,000 units: Sales price $ 25 per unit Direct materials $ 1 per unit Direct labor $ 2 per unit Variable overhead 3 per unit Fixed overhead $8,000 in total What is Red and White's net income under variable costing if 980 units are sold and operating expenses are $12,000? $6,620 O $2,700 $(1,380) $(2,000) $10,620
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