QUESTION 3 David Corporation has provided the following data for its first year of operation: Selling price per unit.. $92.00 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials. $19.00 Direct labor.. $16.00 Variable manufacturing overhead $8.00 Fixed manufacturing overhead per year. $182,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold...... $2.50 Fixed selling and administrative expense per year...... $95,000 Units in beginning inventory... Units produced during the year.. 7,000 Units sold during the year. 6,000 Units in ending inventory.. 1,000 The net operating income (loss) under variable costing in Year 1 is closest to: $15,640. $28,000. ($43,500) $22,200. $279,000. $2,000. $112,000