a. what is the net operating income (loss) in year 1 under absorption costing?

b. what is the net operating income (loss) in year 2 under absorption costing?

c. what is the net operating income (loss) in year 1 under variable costing?

d. what is the net operating income (loss) in year 2 under variablecosting?

2. Change all of the numbers in the data area of your worksheet so that it le B 1 Chapter 4: Applying Excel 2 3 Data $ $ 290 $ 109 $ 72 4 Selling price per unit 5 Manufacturing costs: 6 Variable per unit produced: 7 Direct materials 8 Direct labor 9 Variable manufacturing overhead 10 Fixed manufacturing overhead per year 11 Selling and administrative expenses: 12 Variable per unit sold 13 Fixed per year 14 $ 25 $ 113,400 $ 3 $ 60,000 Year 1 Year 2 15 16 Units in beginning inventory 17 Units produced during the year 18 Units sold during the year 0 2,700 2,200 2,100 2,200