Ttf inc which just began this year has the following

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TTF, Inc., which just began this year, has the following information about JJl, the only product that it produces and sells. JJl sells for $25 per unit. During the current year, 20,000 units of JJl were sold. During the period, TTF manufactured 22,000 units of JJl. The following costs were available: variable costs per unit: direct materials-$8; direct labor-$4; variable manufacturing overhead-$2; variable selling-$3. The indirect fixed costs for TTF were manufacturing costs $55,000 and marketing $33,000. What is the income for the period under variable costing?

Reference no: EM13598001

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