1.25 points Quick Study 19-13 Converting variable costing iricome to absorption costing income LO P3 Mortech Company had net income of $253,000 based on variable costing. Beginning and ending inventories were 53,000 units and 49,500 units, respectively. As for both the beginning and ending inventory. What is net income under absorption costing? sume the fixed overhead per unit was $0.65 When the number of units sold exceeds the number of units produced, net income under absorption costing will be The difference in income is equal to: Net Income under variable costing Net Income under absorption costing References eBook & Resources ia