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XYZ Company provided the following cost information for last year when they produced and sold 125,000 units: direct materials $200,000 direct labor 100, 00 manufacturing

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XYZ Company provided the following cost information for last year when they produced and sold 125,000 units: direct materials $200,000 direct labor 100, 00 manufacturing overhead selling and administrative expenses 180,000 150,000 All costs are variable except for $100, 000 of manufacturing overhead and $60,000 of the selling and administrative expenses . Assume the selling price is $10 per unit. Calculate the amount of net income XYZ Company would report from producing and selling 150,e0e units

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