Ce Company is a manufacturer of basketballs and began operations this year. The company produced 3,600 units and sold 3,050 units. ach basketball was sold at a price of $45. Fixed overhead costs are $46,000 per year, and fixed selling and administrative costs are 39,600 per year. The company also reports the following per unit variable costs for the year. Direct labor Direct materials Variable overhead Variable selling and administrative expenses $ 6.00 per unit $ 4.00 per unit $ 3.00 per unit $1.00 per unit Compute income under variable costing. Multiple Choice $39.290 L Ace Company is a manufacturer of basketballs and began operations this year. The company produced 3,600 units and sold 3,050 units. Each basketball was sold at a price of $45. Fixed overhead costs are $46,000 per year, and fixed selling and administrative costs are $39,600 per year. The company also reports the following per unit variable costs for the year. Direct materials Direct labor Variable overhead Variable selling and administrative expenses Compute income under variable costing. $ 6.00 per unit $4.00 per unit $ 3.00 per unit $1.00 per unit Multiple Choice $39,290 $85,600 $124,890 $94,550 $8,950