Oliveira''s Operating Income Under Absorption Costing Will Be

Multiple Choice

Oliveira''s operating income under absorption costing will be:
In its first month of operations, Oliveira Corporation produced 100,000 units. 80,000 units were sold. The manufacturing cost per unit was as follows:

A) Lower than variable costing by $1,000,000
B) Higher than variable costing by $600,000
C) Higher than variable costing by $1,000,000
D) The same as variable costing