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Mortech had net income of $244.000 based on variable costing. Beginning and ending inventories were 44,000 units and 42,500 units, respectively. Assume the fixed overhead

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Mortech had net income of $244.000 based on variable costing. Beginning and ending inventories were 44,000 units and 42,500 units, respectively. Assume the fixed overhead per unit was $0.80 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 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 $ 250,000 Net income under variable costing Change in number of units in inventory Multiplied by Net income under absorption costing

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