Question: Affinity makes a single product, pool pumps. Information for 2020 appears below (Assume the same unit costs in all years): Sales in units 5,800 Production

Affinity makes a single product, pool pumps. Information for 2020 appears

Affinity makes a single product, pool pumps. Information for 2020 appears below (Assume the same unit costs in all years): Sales in units 5,800 Production in units 6,200 1,500 $46.00 $6.00 Beginning inventory Variable production cost per unit Variable selling cost per unit Fixed production cost per year Fixed selling and administrative cost per year Selling price per unit $31,000 $24,000 $75.00 How much is net income for the year under full costing? O $78,400 O $80,400 O $87,600 O None of these answer choices are correct

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