Question: Prepare a variable costing income statement for DEF Inc. for the year ended December 31, 2024, using the following data: Particulars Amount ($) Sales Revenue

Prepare a variable costing income statement for DEF Inc. for the year ended December 31, 2024, using the following data:

Particulars

Amount ($)

Sales Revenue

$250,000

Variable Costs

$150,000

Fixed Costs

$60,000

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