11 1 Required information The Chapter 6 Form worksheet is to be used to create your own worksheet version of the Review Problem in the text. points eBook 2. Change all of the numbers in the data area of your worksheet so that it looks like this: A 1 Chapter 6: Applying Excel B Print 2 3 Data 4 Selling price per unit $ 336 5 Manufacturing costs: 6 Variable per unit produced: 7 Direct materials $ 151 8 Direct labor $ 50 9 Variable manufacturing overhead $ 25 10 Fixed manufacturing overhead per year $ 132,000 11 Selling and administrative expenses: 12 Variable per unit sold 13 Fixed per year $ 9 $ 67,000 14 15 16 Units in beginning inventory Units produced during the year 17 18 Units sold during the year Year 1 Year 2 3,000 2,200 2,500 2,500 If your formulas are correct, you should get the correct answers to the following questions. (a) What is the net operating income (loss) in Year 1 under absorption costing? Net operating income