Save & E Help 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 so this year Units produced this year Units sold this year Direct materials Direct labor Variable overhead Fixed overhead 39,000 units 23,400 units 23 per unit $ 25 per unit $ 3 per unit $195,000 in total Given Advanced Company's data, and the knowledge that the product is sold for $75 per unit and operating expenses are $340,000 compute the net income under absorption costing Multiple Choice $78.000 526 500 Multiple Choice $78,000 $26,600 $278,460 $104,600 5221600