Multiple Choice
Futon Delight experienced the following costs in 2014 (Assume the same unit costs in all years) : There were 600 units in beginning inventory. During the year, the company manufactured 18,000 units and sold 17,600 units. If net income for the year was $54,000 using full costing, how much will net income be if the company uses variable costing?
A) $53,000
B) $50,000
C) $55,000
D) More information is needed to determine the answer.
Correct Answer:

Verified
Correct Answer:
Verified
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