Easy Kayak Company mantiactures a I 7 company produced 8,000 units and sold 7,500...

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Accounting

Easy Kayak Company mantiactures a I
7
company produced 8,000 units and sold 7,500
s. The selling price
is $600. The following
Variable costs per unit:
Manufacturing:
Direct materials
Direct labour
Variable manufacturing overhead
Variable selling and administrative
$160
Fixed costs per year:
Fixed manufacturing overhead
$120
Fixed selling and administrative expense
$850,000
$510,000
Prepare a variable costing income statement.
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