Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year Units produced this year 45,000 units Units sold this year 27,000 units Direct materials $ 17 per unit Direct labor $ 19 per unit Variable overhead $ 3 per unit Fixed overhead $ 258,750 in total Bello Company's product is sold for $64 per unit a Variable selling and administrative expense is $2 per unit and fixed selling and administrative is $250,000 per year, Compute the net income under variable costing Multiple Choice $66.000 $66,000 $112,250 $180,180 $116,000 O $286,600 Belle Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 55,000 units Units sold this year 33,000 units Direct materials $ 19 per unit Direct labor $ 21 per unit Variable overhead $ 3 per unit Fixed overhead $ 343,750 in total Given Belle Company's data, compute cost of finished goods in inventory under variable costing. Multiple Choice $672.000 O $672,000 $1,680,000 $1,008,000 $946,000 $903,000