Chandler Company sells its product for $100 per unit. Variable manufacturing costs per unit are $40, and fixed manufacturing costs at the normal operating level of 12,000 units are $240,000. Variable selling expenses are $16 per unit sold. Fixed administrative expenses total $104,000. Chandler had no beginning inventory in 2016. During 2016, the company produced 12,000 units and sold 9,000. Would net income for Chandler Company in 2016 be higher if calculated using variable costing or using absorption costing? Calculate reported income using each method. Do not use negative signs with any answers.

Calculate reported Income using each meshod onatic negative signs with any answers Absorption Conting Income Statement Fooed Conts f Goods Sokd Administralive Net Income Variable Costing Income tatement aable cost of goods sold Finnd costs dmnative Expese Tolal Fined Co Net Income