1.)

Assume the following information for a company that produced 10,000 units and sold 9,000 units during its rst year of operations: Per Unit Per Year Selling price $200 Direct materials $ 81 Direct labor $ 50 Variable manufacturing overhead $ 10 Sales commission $ 8 Fixed manufacturing overhead $296,000 Which of the following choices explains the relationship between the absorption costing net operating income and the variable costing net operating income? Multiple Choice 0 The absorption costing net operating income will be lower than the variable costing net operating income by $29,600. The absorption costing net operating income will be lower than the variable costing net operating income by $101,600. The absorption costing net operating income will be higher than the variable costing net operating income by $29,600. 000 The absorption costing net operating income will be higher than the variable costing net operating income by $101,600. When the units produced exceed the units sold, which of the following equations explains the difference between absorption costing and variable costing net operating income? Multiple Choice 0 Number of units released from ending inventory x xed manufacturing overhead cost per unit Number of units deferred in ending inventory x xed manufacturing overhead cost per unit 0 Number of units deferred in ending inventory x variable manufacturing overhead cost per unit Number of units released from ending inventor}.r 2 variable manufacturing overhead cost per unit