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Determine which costing method, absorption or variable, would show a higher net income for the year. By what amount? (Round per unit calculations to 2
Determine which costing method, absorption or variable, would show a higher net income for the year. By what amount? (Round per unit calculations to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 125.) Net income will be higher by $ Indigo Company produced 10,800 units during the past year but sold only 8,300 of the units. The following additional information is also available: There was no work in process inventory at the beginning of the year. Indigo did not have any beginning finished goods inventory either. Finished goods inventory cost
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