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 $O this year Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 43,000 units 25, 800 units $ 27 per unit $ 29 per unit $129,000 in total $215,000 in total Given Advanced Company's data, compute cost of finished goods in inventory under variable costing. Multiple Choice $1,100,800 $2,752,000 Multiple Choice $1,100,800 $2,752,000 $1,651,200 $1,014,800 $1,522,200 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 43,000 units 25,800 units $27 per unit $ 29 per unit 129,000 in total $215,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $83 per unit and operating expenses are $380.000 compute the net income under absorption costing. Multiple Choice $86.000 Required information Multiple Choice $86,000 $24,200 $355,180 $110,200 $239,200 21 0 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 43,000 units 25,800 units 27 per unit 29 per unit $129,000 in total $215,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $83 per unit and operating expenses are $380,000, compute the net income under variable costing