Zarne Co. reports variable manufacturing costs of \(\$ 60\) per unit and fixed overhead of \(\$ 20\) per unit. Beginning finished goods inventory under absorption costing is 500 units. The company produced 7,500 units and sold 8,000 units. 

(a) Determine whether absorption costing income is greater than or less than variable costing income. 

(a) Compute the difference in income between absorption costing income and variable costing income.