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What is net income under absorption costing

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Question 1: Kluber, Inc. had net income of $906,000 based on variable costing. Beginning and ending inventories were 55,600 units and 53,200 units, respectively. Assume the fixed overhead per unit was $1.55 for both the beginning and ending inventory. What is net income under absorption costing?

Option A: $821,680

Option B: $990,320

Option C: $898,560

Option D: $902,280

Option E: $906,000

Reference no: EM132520424

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