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XYZ Company produces a single product with the following information available. Evaluate and construct an Income statement using Variable Costing Number of Units Produced and

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XYZ Company produces a single product with the following information available. Evaluate and construct an Income statement using Variable Costing Number of Units Produced and Sold Annually Selling Price per unit 20,000 units BHD 100 Variable cost per unit Direct Materials BHD 10 Direct Labor BHD 5 Selling & Administrative Expenses BHD 2 Fixed Costs per year. Manufacturing overhead Selling & Administrative Expenses BHD 100,000 BHD 50,000 From the given information, choose the correct answer From the given information, choose the correct answer C. Compute the net operating income O a $2,570,000 O b. $3,570,000 O c. $1,570,000

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