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XYZ Company produces a single product with the following information available Evaluate and construct an Income statement using Variable Costing 20,000 units Number of Units

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XYZ Company produces a single product with the following information available Evaluate and construct an Income statement using Variable Costing 20,000 units Number of Units Produced and Sold Annually Selling Price per unit Variable cost per unit BHD 100 Direct Materials BHD 10 Direct Labor BHD 5 Selling & Administrative Expenses BHD 2 Fixed Costs per year BHD 100,000 Manufacturing overhead Selling & Administrative Expenses BHD 50,000 From the given information, choose the correct answer B Compute cost of good manufactured and sold From the given information, choose the correct answer. B. Compute cost of good manufactured and sold. O a $40,000 O b. $30,000 O c. $340,000

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