Question: help me wuth these problems please! The following information applies to the questions displayed below.) Galaxy, Inc, a manufacturer of telescopes, began operations on June

The following information applies to the questions displayed below.) Galaxy, Inc, a manufacturer of telescopes, began operations on June 1 of the current year. During this time, the company produced 60,000 units and sold 40,000 units at a sales price of $600 per unit. Cost information for this year is shown in the following table: Production costs Direct materials Direct labor Variable overhead Fixed overhead Non-production costs Variable selling and administrative Fixed selling and administrative $ 90per unit $ 75per unit $ 4per unit $ 420,000in total $ 80,000in total $ 520,000in total Given the Galaxy, Inc. data, what is net income using absorption costing? O $16,220,000 $16,360,000 O $16,800,000 O $17,400.000 O $11,275.000 [The following information applies to the questions displayed below.] Galaxy, Inc., a manufacturer of telescopes, began operations on June 1 of the current year. During this time, the company produced 60,000 units and sold 40,000 units at a sales price of $600 per unit. Cost information for this year is shown in the following table: $ Production costs Direct materials Direct labor Variable overhead Fixed overhead Non-production costs Variable selling and administrative Fixed selling and administrative $ 90per unit $ 75per unit $ 4per unit $ 420,000in total $ 80,000 in total $ 520,000in total Given the Galaxy Inc. data, what is net income using variable costing? $16.360,000 O $17,400,000 O $16,220,000 O $16,800,000 O $11.275.000
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