a. 48,000

b. 50,000

c. 54,000

d. 56,000

Pungent Corporation manufactures and sells a spice rack. Shown below are the actual operating results for the first two years of operations: Units (spice racks) produced Units (spice racks) sold Absorption costing net operating income Variable costing net operating income Year 1 40,000 37,000 $44,000 $38,000 Year 2 40,000 41,000 $52,000 ??? Pungent's selling price and unit variable cost and total fixed cost were the same for both years. What is Pungent's variable costing net operating income for Year 2