CoursHeroTranscribedText: Paparelli Corporation manufactures and sells one product. The following information pertains to the company's rst year of operations: Variable costs per unit: Direct materials $ 95 Fixed costs per year: Direct labor $ 440,000 Fixed manufacturing overhead $ 1,560,000 Fixed selling and administrative expenses $ 474,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its rst year of operations, the company produced 26.000 units and sold 17.000 units. The company's only product is sold for $234 per unit. The net operating income (loss) for the year under supervariable costing is