Question: Information: Table to fill in variable costing income statement: Exercise 6-17 Felde Company builds custom fishing lures for sporting goods stores. In its first year
Information:

Table to fill in variable costing income statement:

Exercise 6-17 Felde Company builds custom fishing lures for sporting goods stores. In its first year of operations, 2014, the company incurred the following costs. Variable Costs per Unit Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses $7.95 $2.60 $6.10 $4.13 ixed Costs per Year Fixed manufacturing overhead Fixed selling and administrative expenses $247,328 $254,506 Felde Company sells the fishing lures for $26.50. During 2014, the company sold 80,100 lures and produced 94,400 lures
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