1: find the operating income (loss) under absorption cost

2: what is the net operating income for the month under absorption cost

Secure hapter 6 Qulz 6 2 Mandato Corporation has provided the following data for its two r t recent years of operation: Selling price per unit $50 00PM) Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials $10 Direct labor Variable manufacturing overhead Pixed manufacturing overhead per year $72,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold Pixed selling and administrative expense per year $70,000 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 9,000 8,000 6,000 9,000 3,000 2,000 The net operating income (loss) under absorption costing in Year 1 is closest to