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Question completion Status: Homeyer Corporation has provided the following data for its two most recent years of operation: $ 12 Selling price per unit Manufacturing

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Question completion Status: Homeyer Corporation has provided the following data for its two most recent years of operation: $ 12 Selling price per unit Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead per year Selling and administrative expenses: Variable selling and administrative expense per unit sold Fixed selling and administrative expense per year $ 264,000 74,000 Units in beginning inventory Units produced during the year Units sold during the year Units in ending inventory Year 1 Year 2 0 3,000 11,000 12,000 8,000 14,000 3,000 1,000 The net operating income (oss) under absorption costing in Year 1 is closest to: $30,000 $102,000 $176,000 $208,000

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