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What is red and white net income under variable costing

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Reference no: EM132953108

Question - Red and White Company reported the following monthly data:

Units produced 2,000 units

Sales price $25per unit

Direct materials $1per unit

Direct labor $2 per unit

Variable overhead $3 per unit

Fixed overhead $8,000 in total

Required - What is Red and White's net income under variable costing if 980 units are sold and operating expenses are $12,000?

Reference no: EM132953108

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