Ming Company had net income of $768,200 based on variable costing Beginning and ending inventories were 7.400 units and 4,800 units, respectively. Assume the fixed overhead per unit was $260 for both the beginning and ending inventory. What is net income under absorption costing? When the number of units sold exceeds the number of units produced, net income under absorption casting will be The difference in income is equal to Net Income under variable costing Net Income under absorption costing