TB MC Qu. 19-135 (Algo) Front Company had net income of...

Front Company had net income of $80,500 based on variable costing. Beginning and ending inventories were 1,600 units and 2,800 units, respectively. Assume the fixed overhead per unit was $8.30 for both the beginning and ending inventory. What is net income under absorption costing?

rev: 08_18_2021_QC_CS-272547

Multiple Choice

• $70,540

• $90,460

• $117,020

• $43,980

• $81,300