QUESTION 6 Madewell Marble Company sells packages of multi-colored glass marbles for use in craft projects. Madewell produced 9,000 bags of marbles and sold 6,000 of them. The company incurred the following production costs: Variable manufacturing cost: $6.00 per bag Fixed manufacturing overhead cost: $18,000 Assuming the company sells its product at a price of $15 per bag of marbles, and incurred $10,000 in selling and administrative costs, what is the amount of net income under absorption costing? O $20,000 $32,000 $56.00 $44,000