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Lincoln Company produced 8,900 units of inventory and sold 6,900. The company incurred the following...

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Accounting

Lincoln Company produced 8,900 units of inventory and sold 6,900. The company incurred the following production costs: Variable manufacturing cost: $6.45 per unit Fixed manufacturing overhead cost: $37,380 Assuming the company sells its product at a price of $12.90 per unit, and incurred $4,800 in selling and administrative costs, what is the amount of net income under variable costing?

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