Assume a company has variable manufacturing costs of $20 per unit and total fixed manufacturing overhead per period is $150,000. In its first year of the operations, the company produced 12,500 units and sold 11,900 units and reported absorption costing net operating Income of $38,000. What is the company's variable costing net operating Income In Its first year of operations? Multiple Choice $30,000 $46,800 $66,800 $40,000