Third picture is the options I have.

Variable and Absorption Costing Chandler Company sells its product for 5120 per unit. Variable manufacturing costs per unit are $49, and fixed manufacturing costs at the normal operating level of 12.000 units are $240.000, Variable selling expenses are $21 per unit sold. Fixed administrative expenses total $104,000. Chandler had no beginning inventory in 2016. During 2016, the company produced 12.000 unts and sold 9,000. Would net income for Chandler Company in 2016 be higher if calculated using variable costing or using absorption costing? 108.000 M Calculate reported income using each method. Do not use negative signs with any answers Absorption Costing Income Statement Sales Cost of Goods Sold Beginning inventory 0 Variable costs X Fixed Costs OX Less Ending Inventory Cost of Goods Sold Gross profit Contribution margin Administrative expense Net Income ON OX OM OM Variable Costing Income Statement Sales Cost of Goods Sold Beginning inventory OM Variable costs Manufacturing Cost Variable cost of goods sold Less: Ending inventory Selling expense OM OX 108,000 X Absorption Costing Income Statement Sales $ Cost of Goods Sold: Beginning Inventory 0 Variable Costs 0 X Fixed Costs 0 x Less: Ending Inventory OX Cost of Goods Sold Gross profit Contribution margin X Administrative expense Net Income $ OX 0 x 0 x 0 X 0 x 0 x Variable Costing Income Statement Sales $ Cost of Goods Sold: Beginning Inventory 0 Variable Costs OX Manufacturing cost X OX Variable cost of goods sold Less: Ending inventory X Selling expense X Fixed costs: Variable selling expense X OX Administrative Expense 0 x Total Fixed Cost Net Income $ OX OX 0 Beginning Inventory Variable Costs 0 X Fixed Costs 0 X 0X Less: Ending Inventory Cost of Goods Sold X Contribution margin Gross profit Less: Ending inventory $ Manufacturing cost Selling expense Variable selling expense Variable Costing Income Statement Sales $ Cost of Goods Sold: Beginning Inventory 0 Variable Costs 0 x Manufacturing cost X 0X Variable cost of goods sold Less: Ending inventory Selling expense X Fixed costs: Variable selling expense X OX Administrative Expense 0 X Total Fixed Cost Net Income >