Question: Brief Exercise 134 During 2016, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable manufacturing costs were $4 per unit. Annual

 Brief Exercise 134 During 2016, Basler Manufacturing produced 60,000 units and

Brief Exercise 134 During 2016, Basler Manufacturing produced 60,000 units and sold 55,000 for $10 per unit. Variable manufacturing costs were $4 per unit. Annual fixed manufacturing overhead was $120,000 ($2 per unit). Variable selling and administrative costs were $1 per unit sold, and fixed selling and administrative costs were $30,000 Prepare a variable costing income statement. BASLER MANUFACTURING Income Statement (Variable Costing) Click if you would like to Show Work for this question: Open Show Work

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