Martinez Inc. started operations in January 2025. The company produces and sells cabinets for $5000 each. The following information pertains to the cost and sales of the cabinets each year: Variable manufacturing costs $2500 per unit Variable operating costs $66 per unit Fixed manufacturing costs $24500 Fixed operating costs $13600 The company produced 25 units per year for 2025, 2026, and 2027. The company sold 22 units in 2025, 20 units in 2026, and 26 units in 2027. It reported no volume variances for the three-year period. For 2025, absorption costing operating income exceeded variable costing operating income by $2940. O variable costing operating income exceeded absorption costing operating income by $2940. the operating income for absorption costing equaled operating income for variable costing. the operating income for absorption costing may be greater than, equal to or less than operating income under variable costing