inger Company produces only one product and sells that product for $110 per unit. Cost information for the product is as follows: ect Material $14 per Unit rect Labor $26 per Unit riable Overhead $5...

Extracted text: inger Company produces only one product and sells that product for $110 per unit. Cost information for the product is as follows: ect Material $14 per Unit rect Labor $26 per Unit riable Overhead $5 per Unit ked Overhead $33,500 elling expenses are $4 per unit and are all variable. Administrative expenses of $20,000 are all fixed. Grainger produced 5,000 units; sold 4,000; and had no beginning inventory. - Compute net income under Absorption Costing . Variable Costing B. Which costing method provide higher net income? By how much? method provided more net income by $ The