QS 19-25A CONVERTING VARIABLE COSTING INCOME TO ABSORPTION COSTING INCOME

QS 19-25A (Algo) Converting variable costing income to absorption costing income LO A2 Hong Company had income of $385,100 under variable costing. Beginning and ending finished goods inventories were 2,500 units and zero units, respectively. Fixed overhead cost was $3.90 per unit for the beginning finished goods inventory. What is income under absorption costing? (Leave no cells blank - be certain to enter "O" wherever required. Amounts to be deducted should be indicated with a minus sign.)