0:24:40 years of operat Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory Year 1 Year 2 0 3,000 12,000 10,000 9,000 10,000 3,000 3,000 The net operating income (loss) under absorption costing in Year 2 is closest to: Multiple Choice $ 91 $ 13 $ 7 $ 3 $480,000 $ 6 $ 84,000