Assume that a company sells only one product for a price of $130 per unit. The companys variable manufacturing costs per unit are $80, its fixed manufacturing overhead per unit is $24, and its variable selling expense la $12 per unit, Blosed solely on the information given, what is the company's gross margin per unit under absorption costing? $26 D $50 O $50 Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Year Per Unit Selling price $ 200 Direct materials $ 73 Direct labor $ 50 Variable manufacturing overhead $ 11 Sales commission $8 Fixed manufacturing overhead Using absorption costing, what is the company's net operating Income? $ 300,000 Multiple Choice $280,000 $580,000 $280,000 $580,000 $360,000 $260.000