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Burke Company produced 9,900 units of inventory and sold 7,900 of them. The company incurred the following production costs: Variabie manufacturing cost $6.95 per unit

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Burke Company produced 9,900 units of inventory and sold 7,900 of them. The company incurred the following production costs: Variabie manufacturing cost $6.95 per unit Fixed manufacturing overhead cost $46,530 Assuming the company sells its product at a price of $35 per unit, and incurred $14,000 in selling and administrative costs, What is the amount of net income under absorption costing? Multiple Choice 4$182.465 $158,465 $168.465

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