Aces Incorporated, a manufacturer of tennls rackets, began operations this year. The company produced 6,050 rackets and sold 4,930 . Each racket was sold at a price of $90. Flxed overhead costs are $78,650 per year, and fixed selling and administratlve costs are $65,400 per year. The company also reports the following per unit varlable costs for the year. QS 19-4 (Algo) Variable costing income statement LO P2 Prepare an Income statement under varlable costing
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