10 Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. 3 points 8 01:00:19 Units produced this year 100,000 units Units sold this year 60,000 units Direct materials $ 28 per unit Direct labor $ 30 per unit Variable overhead $ 3 per unit Fixed overhead $ 850,000 in total Belle Company's product is sold for $88 per unit. Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $360,000 per year. Compute the net income under absorption costing eBook Print Multiple Choice $88,000