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Roland Company produces a single product.The selling price per unit is $100.Production costs include the
Roland Company produces a single product. The selling price per unit is $100. Production costs include the
Direct material per unit $15
Direct labor per unit 20
Variable manufacturing overhead per unit 3
Fixed manufacturing overhead for the year $150,000
The company also had fixed selling and administrative expenses of $80,000 for the year. During the year, the company produced 40,000 units of product and sold 35,000 units of product. How much is net operating income using variable costing?