Advanced Company reports the following information for the current year. All beginning inventory amounts equaled so this year. units produced this year Units sold this year Direct materials Direct Labor Variable overhead Fixed overhead 26,000 units 15,600 units $ 10 per unit $ 12 per unit $ 78,000 in total $130,000 in total MC Qu. 95 Given Advanced Company's data... Given Advanced Company's data, and the knowledge that the product is sold for $51 per unit and operating expenses are $210,000, compute the net income under absorption costing Multiple Choice $52.000 $65,600 591,000 $117600 $195 600