Required information [The following information applies to the questions displayed below.) ABC 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 41,000 units 24,600 units $ 25 per unit $ 27 per unit $ 3 per unit $ 205,000 in total What is the cost of finished goods in inventory under variable costing? Multiple Choice O $2,460,000 44AAN Required information The following information applies to the questions displayed below.) ABC 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 41,000 units 24,600 units $ 25 per unit $ 27 per unit $ 3 per unit $ 205,000 in total If the product is sold for $81 per unit and operating expenses are $360,000, what is the net income under variable costing? Multiple Choice $74,600 ABC Company sold 4,000 units for $122 each. Costs are as follows: Total variable costs are $91 per unit consisting of: Variable production costs of $62 per unit and . Variable selling costs of $29 per unit What is the manufacturing margin under variable costing? Multiple Choice $488,000 $364,000 ($240,000) Enabled: Ch 19 Quiz Chapter (5 pts) Saved Help Save & Exit SI During its first year of operations, ABC Company incurred the following manufacturing costs: Direct materials of $7 per unit Direct labor of $5 per unit Variable overhead of $6 per unit Total fixed overhead of $270.000 The company produced 27000 units, and sold 18,500 units, leaving 8,500 units in inventory at year-end. What is the dollar value of ending Inventory under absorption costing? Multiple Choice $153,000 $270,000 $85,000