WU12 Question 1 Not yet Canyon reported 5106,000 of net income for the year by using variable costing. The company had no beginning inventory planned and actual production of 50.000 units, and sales of 47.000 units. Standard variable manufacturing costs were $15 per unit, and total budgeted fixed marvutacturing overhead was $150,000, there were no variances, net income under absorption costing would be Por out of Finish Select one 2. 552.000 b. 597000 5106000 d. $115.000 $160.000