Sheets Corporation the Following Information Was Extracted from the First

Multiple Choice

Sheets Corporation The following information was extracted from the first year absorption-based accounting records of Sheets Corporation
Refer to Sheets Corporation. If Sheets Corporation had used variable costing in its first year of operations, how much income (loss) before income taxes would it have reported?

A) ($6,000)
B) $54,000
C) $26,000
D) $ 2,000