Operating Company has the following information pertaining to its two divisions for the current year: South Division $90,000 100,000 500,000 North Division Variable selling and administrative expenses $70,000 Direct fixed manufacturing expenses 35,000 Sales 300,000 Direct fixed selling and administrative 30,000 expenses Variable manufacturing expenses 40,000 Common expenses are $50,000 for the current year. What is the company's net income? 70,000 100,000 Noard Ltd. has the following data for the month: Variable costs per unit: Direct materials $4.30 Direct labour $3.65 Variable manufacturing overhead $1.30 Variable selling expense $0.55 Fixed costs: Fixed manufacturing overhead per- $2.45 unit Fixed selling and administrative $3,750 expense (for the month) During the month, the company produced 2,400 units and sold 2,300 units. Each units sells for $16. What is the company's operating income for the month using absorption costing