What is net income using variable costing

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Cool Pools, a manufacturer of above ground pools, began operations on January 1 of the current year. During this time, the company produced 45,000 units and sold 44,000 units at a sales price of $60 per unit. Cost information for this year is shown in the following table: Production costs Direct materials $11.25 per unit Direct labor $3.20 per unit Variable overhead $315,000 in total Fixed overhead $39,600 in total Nonproduction costs Variable selling and administrative $2,000 in total Fixed selling and administrative $6,000 in total Given the Cool Pools Company data, what is net income using variable costing? $1,649,480 $1,648,600 $1,627,150 $1,709,480 $1,708,600

Reference no: EM131292216

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What is net income using variable costing : Cool Pools, a manufacturer of above ground pools, began operations on January 1 of the current year. During this time, the company produced 45,000 units and sold 44,000 units at a sales price of $60 per unit. what is net income using variable costing..
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