Hong Co. had net income of $388,100 under variable costing. Beginning and ending inventories were 2,800 units and 4,100 units, respectively. Fixed overhead cost was $4.20 per unit for both the beginning and ending inventory. What is net income under absorption costing? When the number of units produced exceeds the number of units sold, net income under absorption costing will be: Higher than income using variable costing The difference in income is equal to: The number of units added to inventory multiplied by the fixed overhead per unit Net income under variable costing Net income under absorption costing Hong Co. had net income of $388,100 under variable costing. Beginning and ending inventories were 2,800 units and 4,100 units, respectively. Fixed overhead cost was $4.20 per unit for both the beginning and ending inventory. What is net income under absorption costing? When the number of units produced assosdo the sumbac si unito cold natinsons under absorption costing will be: Higher than income using variable Contribution margin per unit: The difference in income is equal to: Fixed overhead per unit: The number of units added to invent Variable overhead per unit: Variable production cost per unit: Net income under variable costing Variable selling expense per unit: Net income under absorption costing