The level of inventory of a manufactured product has increased by 8,062 units during a period. The following data are also available:
Variable Fixed
Unit manufacturing costs of the period $10 $6
Unit operating expenses of the period $2 $1
What would be the effect on income from operations if absorption costing is used rather than variable costing?
$48,372 increase
$24,186 increase
$56,434 increase
$8,062 decrease