10 Assume the following information for a company that produced 10,000 units during its first year of operations and sold 8,000 units: Per Unit Per Year Direct materials $ 75 Direct labor $ 50 5 Variable manufacturing overhead $ 10 points Fixed manufacturing overhead $ 300,000 If the company's absorption costing net operating Income during its first year of operations was $64,000, what was its variable costing net operating income during its first year of operations? Multiple Choice $24,000 $4,000 $124,000 $104,000