E . D Question 1 , X Segment 2 F \\ San Mateo C \\ * Q2 pdf: MB \\ I Bianca Bicyc \\ Chapter 7 r3! \\ *- Ch 4 solutio \\ 9 G GI [E] ezto.mheducation.com Week 6 Problem Set 0 Saved Help Save 3. Exit Submit 1 Exercise 8-20 Difference in Operating Income under Absorption and Variable Costing (LO 8-1, 8-4) - Manta Ray Company manufactures diving masks with a variable cost of $25. The masks sell for $34. Budgeted fixed manufacturing overhead for the most recent year was $792,000. Actual production was equal to planned production. 2.5 DENNIS Required: State whether operating income is higher under variable or absorption costing and the amount of the difference in reported operating income under the two methods. Treat each condition as an independent case. (Do not round intermediate calculations.) eEiook W\" 1. Production 116,666 units References Sales . 168,866 units 2. Production 96,866 units Sales 95,868 units 3. Production 79,296 units Sales 79,266 units 3. Same under both i204 PM 10/1/2022 a \"temp