Required information [The following information applies to the questions displayed below.] Red and White Company reported the following monthly data: Units produced Sales price Direct materials Direct labor Variable overhead Fixed overhead 2,600 units $ 31 per unit 3 per unit $ 4 per unit $ 5 per unit $ 8,580 in total What is Red and White's net income under variable costing if 1,030 units are sold and operating expenses are $14,100? Multiple Choice ($3,110) ($2.920) ($2,920) $2,071 $5,470 $10,990