CJ Toys started 2020 with no inventories. During the year, their expected and actual production was 33,000 units, of which they sold 26,400 units at $100 each. Cost data for the year is as follows: (Click the icon to view the cost data.) Calculate CJ Toys' operating income under (1) variable costing, and (2) absorption costing. Explain why operating income differs under the two approaches. Manufacturing costs incurred: Variable: $ 540,000 Fixed: $ 409,200 Marketing costs incurred: Variable: $ 138,400 Fixed: $ 80,300