QS 19-3 Variable costing income statement LO P2 2 Aces Inc, a manufacturer of tennis rackets, began operations this year. The company produced 5700 rackets and sold 4,600 Each racket was sold at a price of $87 Fixed overhead costs are $72,390 and fixed colling and administrative costs are $64.900. The company also reports the following per unit costs for the year Variable product O2 $24.70 3 1.70 Prepare an income statement under variable costing. ACES INC Variable Corting Income Statement Net income poss