Cullumber Inc. started operations in January 2025. The company produces and sells cabinets for $5800 each. The following information pertains to the cost and sales of the cabinets each year: The company produced 25 units per year for 2025, 2026, and 2027. The company sold 22 units in 2025,20 units in 2026 , and 26 units in 2027. It reported no volume variances for the three-year period. For the three years, 2025 - 2027, the operating income for absorption costing may be greater than, equal to or less than operating income under variable costing. absorption costing operating income exceeded variable costing operating income by $7420. the operating income for absorption costing equaled operating income for variable costing. variable costing operating income exceeded absorption costing operating income by $7420