TB MC Qu. 6-167 Neef Corporation has... 12 Neef Corporation has provided the following data for its two most recent years of operation: 6.25 points $ 84 01:07:33 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 $ 12 $ 5 $ 4 $432,000 $ 5 $ 61,000 Year 1 Units in beginning inventory Units produced during the year 12,000 Units sold during the year 9,000 Units in ending inventory 3,000 Year 2 3,000 9,000 10,000 2,000 The net operating income (loss) under variable costing in Year 2 is closest to: 12 of 32 ! Me