Assume a company has variable manufactuing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its fisst year of the operations, the company produced 12,500 units and sold 10,300 units and reported absorption costing net operating income of $38,000. What is the company's variable costing net operating income in its first yeat of operations? Muinple Choice $21600 $47600 $21600 \$it, 600