Finished goods Inventory (in units), beginning of the year 10,000 Finished goods Inventory (in units), end of the year 8,000 Total variable costs per unit $18 Total fixed manufacturing overhead costs $300,000 Planned production 50,000 units Predetermined fixed manufacturing overhead rate $6 Variable selling and administrative costs per unit $3 Total fixed selling and administrative costs $100,000 Total fixed selling and administrative costs per unit $2 Calculate the difference between absorption costing net income and variable costing net income

A $12,000 higher under absorption

B $12,000 less under absorption

C $16,000 higher under absorption

D $4,000 higher under absorption