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 Fixed overhead 35,000 units 21,000 units 19 per unit 21 per unit 3 per unit 175,000 in total Given Advanced Company's data, compute cost per unit of finished goods under variable costing. Multiple Choice $40.00 $45.00 $41.88 $43.00 $48.00 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 Fixed overhead 35,000 units 21,000 units 19 per unit 21 per unit 3 per unit $175,000 in total Given Advanced Company's data, compute cost per unit of finished goods under absorption costing. $40.00 $53.33 $45.00 $43.00 $48.00 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 Fixed overhead 35,000 units 21,000 units 19 per unit $ 21 per unit 3 per unit $175,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $71 per unit and operating expenses are $300,000, compute the net income under absorption costing. $70,000 $113,000 $210,700 $183,000 $288,000 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 Fixed overhead 35,000 units 21,000 units 19 per unit 21 per unit 3 per unit $175,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $71 per unit and operating expenses are $300,000, compute the net income under variable costing. Multiple Choice o $70,000 o $113,000 o $210,700 o $183,000 o $307,000