Question 17 2 pts Smith, Inc., which just began business last year, has the following information about JJ, the only product that it produces and sells. JJ sells for $25 per unit. During its first year, 20,000 units of JJ were sold and 25,000 units were produced. The following variable costs per unit were available: direct materials $8; direct labor $4; variable manufacturing overhead $2; variable selling expense $3. The indirect fixed costs for JJ were manufacturing costs $50,000 and marketing $33,000. During the current year, the costs were exactly the same, but JJ were produced 20,000 units and sold 25,000 units. What would be the difference in profit for the current period between variable costing and absorption costing? $0 $10,000 O $5,500 $5,000