Lewes Company produced 8,800 units of inventory and sold 6,800. The company incurred the following production costs: Variable manufacturing cost: $6.40 per unit Fixed manufacturing overhead cost: $36,520 Assuming the company sells its product at a price of $12.80 per unit, and incurred $4,600 in selling and administrative cost, what is the amount of net income under variable costing? Multiple Choice $43,520 $15,300 $71740 $2.400