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20. Two years ago, we started a company to manufacture and sell small sailboats. Below are our selected actual operating results for the first two

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20. Two years ago, we started a company to manufacture and sell small sailboats. Below are our selected actual operating results for the first two years of opcrations (our cost structure and selling prices were the same in Year l and Year 2) Units produced Units sold Year 2 40,000 37,000 41,500 Absorption costing No Variable costing NO Fixed selling & admin.expense $77,500 71,50022 15,000 $15,000 What was our variable costing net operating income (NOl) in Year 2 (rounded to the nearest ten dollars)? A $87,250 B $83,500 $89,500 $91,750 $86,800 Yr ryelcae Y ar 10 Price NOI WOT PrtScn Home FS 4 8

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