Plummer Corporation has provided the following data for its two most recent years of operation: Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials 9 Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year 4 $63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year 5 $66,000 Year Year2 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory 0 2,000 9,000 7,000 7,000 8,000 2,000 1,000 The unit product cost under variable costing in Year 1 is closest to Multiple Choice $19.00 S24.00 $26.00 S31.00 Plummer Corporation has provided the following data for its two most recent years of operation: Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials 9 Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year 4 $63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year 5 $66,000 Year Year2 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory 0 2,000 9,000 7,000 7,000 8,000 2,000 1,000 The net operating income (loss) under absorption costing in Year 2 is closest to Multiple Choice S31,000 S26,000 $132000 S92,000