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Trez Company began operations this year, During this year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for this

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Trez Company began operations this year, During this year, the company produced 100,000 units and sold 80,000 units. The absorption costing income statement for this year follows. Adolitional Information a. Selling and odministrative expenses consist of $400.000 in annual fxed expenses and $2.25 per unit in variable selling and administrative expenses. b. The company/s product cost of $25 per unit consists of the following. Required: Prepare an income statement for the company under variable costing

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