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Variable and Absorption Costing Chandler Company sells its product for $ 1 0 0 per unit. Variable manufacturing costs per unit are $ 4 0

Variable and Absorption Costing
Chandler Company sells its product for $100 per unit. Variable manufacturing costs per unit are $40, and fixed manufacturing costs at the normal operating level of 12,000 units are $240,000. Variable selling expenses are $16 per unit sold. Fixed administrative expenses total $104,000. Chandler had no beginning inventory for the year. During the year, the company produced 12,000 units and sold 9,000. Would net income for Chandler Company be higher if calculated using variable costing or using absorption costing?
Calculate reported income using each method.
Do not use negative signs with any answers.

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