Required information [The following information applies to the questions displayed below) Red and White Company reported the following monthly data: 25 per 1 Units produced 2,000 units Sales price $ unit Direct materials $ per unit Direct labor $ unit Variable overhead $ 3 per unit Fixed overhead in $ 8,000 total 2 per What is Red and White's net income under variable costing if 980 units are sold and operating expenses are $12,000? Multiple Choice O $12,000) $10,620 $2,700 $6,620 O $11,380)