Last year, Racine Company's income under absorption costing was $15,000 lower than its income under variable costing.

Last year, Racine Company's income under absorption costing was $15,000 lower than its income under variable costing. The company had total production costs of $24 per unit, of which $14 was variable costs. No selling expenses were incurred this year. Racine sold 25,000 units during the year. How many units were produced during the year?

• 26,500
• 25,000
• 24,000
• 23,500