TB MC Qu. 18-52 (Algo) Variable costing operating income: Cap Incorporated Cap Incorporated manufactures ball point pens that sell at wholesale for $0.80 per unit. Budgeted production in both 2021 and 2022 was 12.000 units. There was no beginning inventory in 2021. The following data summarized the 2021 and 2022 operations: Units sold Units produced Costs: Variable factory overhead per unit Fixed factory overhead Variable marketing per unit Fixed Selling and Administrative Variable costing operating income for 2021 is calculated to be Me Choice O O $205 1965 1270 2021 10,500 2022 10,000 12,000 11,000 $0.15 $ 0.15 $2,400 $ 0.30 $ 320 $2,200 $ 0.30 $320