Bingo produces only one product that sells for $15 per unit. During its first year of operations, 150,000 units were produced, and 125,000 units were sold. Manufacturing costs and selling and administrative expenses for the year are below: Direct Materials Direct Labour Manufacturing Overhead Selling costs Fixed Costs 10,000 20,000 Variable Costs 2.50per unit 1.5per unit 0.5per unit 0.25per unit What was the operating income for the year if the company uses variable costing? Bingo produces only one product that sells for $15 per unit. During its first year of operations, 150,000 units were produced, and 125,000 units were sold. Manufacturing costs and selling and administrative expenses for the year are below: Direct Materials Direct Labour Manufacturing Overhead Selling costs Fixed Costs 10,000 20,000 Variable Costs 2.50per unit 1.5per unit 0.5per unit 0.25per unit What was the operating income for the year if the company uses variable costing?