Question: PR 8 - 3 8 ( Algo ) Variable Costing and Absorption Costing Income Statements; Reconciling Reported Operating Income ( LO 8 - 2 ,

PR 8-38(Algo) Variable Costing and Absorption Costing Income Statements; Reconciling Reported Operating Income (LO 8-2,8-3,8-4)
Eco Can Company manufactures recyclable steel cans used in the food-processing industry. A case of cans sells for $25. The variable costs of production for one case of cans are as follows:
\table[[Direct material,$6.50
 PR 8-38(Algo) Variable Costing and Absorption Costing Income Statements; Reconciling Reported

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