Question: 16.) a. Prepare a variable costing income statement, assuming that the fixed manufacturing costs were $52,000 and the variable selling and administrative expenses wer $37,000.

16.)

manufacturing costs were $52,000 and the variable selling and administrative expenses wer

a. Prepare a variable costing income statement, assuming that the fixed manufacturing costs were $52,000 and the variable selling and administrative expenses wer $37,000. In your computations, round unit costs to two decimal places and round final answers to the nearest dollar: b. Reconcile the absorption costing income from operations of $417,750 with the variable costing income from operations determined in (a)

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