Fordham Inc. began operations on January $1,2021$ and incurred the following costs for the production of $10,000$ units:

Variable mfg$./$ unit $$9$

Fixed mfg$.$ overhead $$60,000$

Variable selling and admin. $/$ unit $$2$

Fixed selling and admin. $$220,000$

Each unit sells for $$45$ and $8,500$ units were sold.

Compute net income $($loss$)$ using variable costing.

Question $20$ options:

$$9,000$

$$15,000$

$$18,000$

$$(7,500)$