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QS 19-15 Converting variable costing income to absorption costing income LO P3 E-Com had net income of $125,000 under variable costing. Beginning and ending Inventories

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QS 19-15 Converting variable costing income to absorption costing income LO P3 E-Com had net income of $125,000 under variable costing. Beginning and ending Inventories were 1,150 units and 4,400 units. respectively. Fixed overhead cost was $2.00 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 The difference in income in equal to Net income under variable conting Not income under absorption costing

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