Kevin Jewelry Company sells its product for $70 per unit. Variable manufacturing costs per unit are $20, and fixed manufacturing costs at the normal operating level of 5,000 units are $35,000. Variable expenses are $8 per unit sold. Fixed administration expenses total $40,000. Kevin Jewelry Company had no beginning inventory in 2018. During 2018, the company produced 5,000 units and sold 2,000.

What would the net income be for Kevin Jewelry Company in 2018 using both variable costing and absorption costing?

A. Variable costing $9,000; absorption costing $30,000

B. Variable costing $30,000; absorption costing $30,000

C. Variable costing $21,000; absorption costing $9,000

D. Variable costing $30,000; absorption costing $9,000