If the company's cost per unit of finished geodes using absorption costing is $39.75, what is total variable overhead Magenta Inc, reports the following information for the current year, which is its first year of operations: $925,000 $877,500 $937,500 $865,800 $5,437,500 Accurate Metal Company sold 32,000 units of its product at a price of $250 per unit. Total variable cast per unit is $155. consisting of $145 in variable production cost and $5 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing. $8,000,000 $4,960,000 $4,800,000 $3,360,000 $3,200,000 Given this information, which of the following is true Vision Tester. Inc., a manufacturer of optical glass, began operations on February 1 of the current year. During this time, the company produced 900,000 units and sold 800.000 units at a sales price of $12 per unit. Cost information for this year is shown in the following table: Net income under variable costing will exceed net income under absorption costing by $50,000. Net income under absorption costing will exceed net income under variable costing by $50,000. Net income will be the same under both absorption and variable costing. Net income under variable costing will exceed net income under absorption costing by $60,000. Net income under absorption costing will exceed net income under variable costing by $60,000