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Fordham Inc. began operations on January 1,2021 and incurred the following costs for the production...

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Accounting

Fordham Inc. began operations on January 1,2021 and incurred the following costs for the production of 10,000 units:
Variable mfg./ unit $9
Fixed mfg. overhead $60,000
Variable selling and admin. / unit $2
Fixed selling and admin. $220,000
Each unit sells for $45 and 8,500 units were sold.
Compute net income (loss) using variable costing.
Question 20 options:
$9,000
$15,000
$18,000
$(7,500)

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