A B C 1 Chapter 6: Applying Excel 2 3 Data 4 Selling price per unit 69 307 5 Manufacturing costs: 6 Variable per unit produced: 7 8 6 Direct materials Direct labor Variable manufacturing overhead 10 Fixed manufacturing overhead per year 11 Selling and administrative expenses: 12 234 Variable per unit sold 13 Fixed per year 14 15 59 $ 100 $ 74 $ EA 25 69 $ 81,600 $ 7 $ 37,000 16 Units in beginning inventory 17 Units produced during the year 18 Units sold during the year Year 1 Year 2 0 2,400 1,700 2,000 2,000 (a) What is the net operating income (loss) in Year 1 under absorption costing? (b) What is the net operating income (loss) in Year 2 under absorption costing? (c) What is the net operating income (loss) in Year 1 under variable costing? (d) What is the net operating income (loss) in Year 2 under variable costing