Question7 1 points Save Ar Mandato Corporation has provided the following data for its two most recent years of operation Selling price per unit 68 Manufacturing costs Variable manufacturing cost per unit produced Direct materials s 10 Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year $220,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold Pixed selling and administrative expense per year s 61,000 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory Year 1 Year2 0 1,000 11,000 10,000 10,0007,000 1,0004,000 The net operating income (loss) under variable costing in Year 2 is closest to: $74,000 $216,000 $261,000 $68,000