Rhea Corporation has provided the following data for its two most recent years of operation: 67 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 $ 10 5 $ 3 $252,000 $ 4 $ 65,000 Units in beginning inventory Units produced during the year Units sold daring the year Units in ending inventory Year : O 9.000 8,000 1,000 Year 2 1,000 7.000 7.000 1,000 The net operating income (loss) under absorption costing in Year 2 is closest to: $6,000 599,000 (52.000) O $71.000 Homeyer Corporation has provided the following data for its two most recent years of operation: 71 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 rold Fixed selling and administrative expense per year $ 12 S $ $264,000 $ 74,000 Units in beginning inventory Units produced during the year Units sold during the year Unite 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 (loss) under absorption costing in Year 1 is closest to: $102,000 $30,000 $175.000 5208,000