Poseidon Corporation produces a single product. Data from the company's records for last year follow: Units in beginning inventory Units produced.. Units sold 0 70,000 60.000 $1,400,000 Sales Manufacturing costs: Variable Fixed. Selling and administrative expenses: Variable Fixed. $630,000 $315,000 $98,000 $140,000 2. Under variable costing the value of the ending finished goods inventory would be: A. $90,000 B. $104,000 C. $105,000 D. $135,000 3. Under variable costing, net operating income would be: A. $217,000 B. $307,000 C. $352,000 D. $374,500