Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold this year Direct materials 50,000 units 30,000 units $ 18 per unit $20 per unit Direct labor Variable overhead $ 3 per unit Fixed overhead $ 300,000 in total Belle Company's product is sold for $70 per unit. Variable selling and administrative expense is $2 per unit and fixed selling a year. Compute the net income under absorption costing Multiple Choice $68,000 $131,600 $195,160 www Next >

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Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Belle Company's product is sold for $70 per unit Variable selling and administrative expense is $2 per unit and fixed selling year. Compute the net income under absorption costing Multuple Choice