Assume a company's unit product cost under absorption costing includes 512 of fixed manufacturing overhead per unit. In its first year of the operations, the company produced 12,500 units and sold 11,500 units and it reported absorption costing net operating income of $40.000 What was the company's variable costing net operating income during its first year of operations? Multiple Choice $28,000 $32.000 OP $52,000 $38.000