Required information The following information applies to the questions displayed below) Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year Units sold this year Direct materials Direct labor Variable overhead Pixed overhead 44,000 units 26,400 units 28 per unit 30 per unit 3 per unit $220,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $88 per unit and operating expenses are $390,000, compute the net income under absorption costing. Multiple Choice Required information $190,800 $100,800 $322,800 $102,800 $375,760 $88,000