The following data are available for Honey Company for the year ended September 30, 2021. 24.000 units at $50 each 30,000 units $525,000 $17.5 per unit) $372,000 Sales Number of outputs produced Manufacturing costs incurred: - Variable - Fixed Non-manufacturing costs incurred: - Variable - Fixed Beginning inventories Ending WIP (Work in Process) $144,000 ($6 per unit) $77,400 N/A N/A 8. [Answer & Solving Process] Assuming that the company uses variable costing, determine the net operating income in 2021. 1 $215,400 2 $81,600 3 $636,000 4 $261,000 5 $186,600 9. [Answer & Solving Process) Assuming that the company uses absorption costing, determine the net operating income in 2021. 1 $186,000 2 $261,000 3 $305,280 4 $289,800 5 $81,600 4/7