TB Problem Qu$.19-229($Algo$)$ Converting variable costing income to absorption costing income

A company reported income of $$771,200$ using variable costing. Beginning finished goods inventory was $7,700$ units and ending finished goods inventory was $5,100$ units. Fixed overhead was $$5\mathrm{.}10$ per unit for beginning and ending finished goods inventory. Compute income using absorption costing.

Note: Use a minus sign to indicate amounts to be subtracted.