Moosejaw Manufacturing incurred the following costs and revenues in its first year of operations: Direct materials Direct labour Fixed manufacturing overhead Variable manufacturing overhead $160,000 80.000 100,000 60.000 Fixed selling and administrative expenses were $112,500, and variable selling administrative expenses totalled $36.000. Production for the period was 50,000 units, and 45,000 units were sold at a selling price per unit of $15. What is the variable costing and absorption costing operating incomes? O $126.500 variable: $166.500 absorption $126.500 variable: $126.500 absorption $156,500 variable: $166,500 absorption $256.500 variable: $126.500 absorption

Moosejaw Manufacturing incurred the following costs and revenues in its first vear of operations: Foced selling and administrative expenses were $112,500, and variable selling adininistrative expenses totalled $36,000. Production for the period was 50,000 units, and 45,000 units were sold at a selling prike per unit of $15. What is the variable costing and abserptien costing operating incomes? $126,500 variable, $166,500 absorption $126.500 variable: $126.500 absorption $156.$00 variable, $106.500 apsorption $256.500 variable, $126.500 ahorption