Q 8.46: Casper Company produced 20,000 units of its product, and sold 17,000 units during the current month. Fixed costs were as follows: Fixed manufacturing costs Fixed selling and administrative costs $260,000 $40,000 If absorption net income were $42,000, what would be the net income under variable costing? A $3,000 B $81,000 C $52,941 D $(3,000)