Question: What is the operating income for last year under variable costing? Last year, JKL Company produced 20,000 units and sold 18,000 units at a price

What is the operating income for last year under variable costing?

Last year, JKL Company produced 20,000 units and sold 18,000 units at a price of $14. Costs for last year were as follows: Fixed factory overhead is applied based on expected production. Last year, JKL expected to produce 20,000 units

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