Ace Company is a manufacturer of basketbalis and began operations this yeac. The comparly produced 3,200 units and sold 2,650 units. Each basketball was sold at a price of $47. Fixed overhead costs are $41,000 peryear, and fixod scling and administrative costs are $34,600 per year. The company also reports the following per unit variable costs for the year: Compute income under variable costing: Multole Choice $34,30 587,450 $109730 $34,130 $87,450 $109,730 $11,850 $75,600