Futon Delight Experienced the Following Costs in 2017 (Assume the Same

Multiple Choice

Futon Delight experienced the following costs in 2017 (Assume the same unit costs in all years) : $\begin{array}{ll}\text { Direct materials } & \$ 2.00 \text { per unit } \\\text { Direct labor } & \$ 1.00 \text { per unit }\\\text { Manufacturing Overhead Costs: }\\\text { Variable } &\$ 1.50 \text { per unit }\\\text { Fixed }&\$45,000\end{array}$ 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.