QUESTION 12 Front Company had net income of $72,500 based on variable costing. Beginning and ending inventories were 800 units and 1,200 units, respectively. Assume the fixed overhead per unit was $7.90 for both the beginning and ending inventory. What is net income under absorption costing? O $69,340 O $75,660 O $88,300 O $56,700 0 $72,900