Question 1 of 3 freshmart, inc., began operations this year. the company produced 1,000 units and sold 1,000 units at a selling price of $100 per unit. fixed overhead costs totaled $30,000 and fixed selling and administrative expenses were $15,000. variable production costs were $25.00 per unit while variable selling and administrative expenses were $10.00 per unit. using absorption costing, net income was: $45,000. $55,000. $20,000. $65,000.