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Required information [The following information applies to the questions displayed below) Red and White Company reported the following monthly data Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 14 2,000 units 25 per unit $ 1 per unit 5 2 per unit $ 3 per unit 58.000 in total What is Red and White's net income under absorption costing i 980 units are sold and selling and administrative expenses are $12,000? Multiple Choice 32 Next > Required information 22 $12.000) Part 1 of 2 56.620 3 02: 234 $10.620 52.700 530 Mc