The cost data pertaining to Product -X of a company are as follows: Maximum capacity30,000 units Normal capacity15,000 units decrease in inventory1,880 units Variable cost$12 per unit Selling price$50 per unit Fixed manufacturing overhead costs$360,000If the profit under Absorption costing method is $101,000; the profit under Variable costing method would be

a. $ 73,340

b. $ 123,560

c. $ 55,880

d. $ 146,120 

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