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26 Not yet answered Marked out of 1 Flag question EKIM Co. sells its product for $25 per unit. During 2020, it produced 35,000 units
26 Not yet answered Marked out of 1 Flag question EKIM Co. sells its product for $25 per unit. During 2020, it produced 35,000 units and sold 30,000 units (there was no beginning inventory). Costs per unit are: direct materials $3, direct labor $2, and variable manufacturing overhead $2. Variable marketing cost $1 per unit sold. Fixed costs are: $420,000 manufacturing overhead, and $25,000 selling and administrative expenses. The difference between net income under absorption and net income under variable costing is a. $78,000 O b. $60,000 c. $80,000 O d. $25,000
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