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Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is a small manufacturer of window air conditioners and reported

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Use the following Window Breeze Company income statement to answer the question. Window Breeze Company is a small manufacturer of window air conditioners and reported the following: Window Breeze Company Full Costing Income Statement for the Year Ending December 31, 2011 $120,000 35.000 85,000 Sales ($150 per unit) Less cost of goods sold Gross margin Less selling and administrative expenses Selling expense Administrative expense Net income $15.000 15,000 30,000 $55,000 Annual FMOH was $25,000 and 1,000 units were produced. All administrative costs were fixed. Included in the $15,000 selling expense was $10,000 of fixed selling. CH 5 AP. How much is the difference between full and variable costing net income? O $5,000 Some other answer $2,000 $7,000 $0

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