Question Completion Status: 5 GE 3 36 7 18 19 20 21 22 346 350 370 240 250 260 270 Stevens Corporation has provided the following data for its first year of operation: Selling price per unit...... $59.00 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials ................ $11.00 Direct labor......... $6.00 Variable manufacturing overhead.. $4.00 Fixed manufacturing overhead per year $88,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold...... $4.00 Fixed selling and administrative expense per year ............. $80,000 Click Save and Submit to wave and submit. Click Save All Answers to me all answers. 90 200 215 225 230 240 250 260 270 340 350 36 370 Selling and administrative expenses: Variable selling and administrative expense per unit sold ...... $4.00 Fixed selling and administrative expense per year.............. $80,000 Units in beginning inventory .. Units produced during the year.. Units sold during the year Units in ending inventory . ........ 0 11,000 10,000 . 1,000 The net operating income (loss) under variable costing in Year 1 is closest to: O $252,000. O $340,000 O $172,000 O $180,000 O $212,000. Click Save and Submit to save and submit. Click Save All Answers to save all answers