II. Variable costing income statement Qu Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price..... .$94 Units in beginning inventory.....0 Units produced. ....4,200 Units sold.... ..3,700 Variable costs per unit: Direct material $21 Direct labor... .$30 Variable manufacturing overheated....$3 Variable selling and administrative ....$11 Fixed costs: Fixed manufacturing overheated. $54,600 Fixed selling and administrative $40,700 b. What is the net operating net income using variable costing