tion Status: QUESTION 14 10 point Stevens Corporation has provided the following data for its first year of operation: Selling price per unit.. $59.00 Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials Direct labor.... Variable manufacturing overhead... Fixed manufacturing overhead per year $11.00 $6.00 $4.00 $88,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold...... $4.00 Fixed selling and administrative expense per year...... $80,000 Units in beginning inventory Units produced during the year. Units sold during the year Units in ending inventory 0 11,000 10,000 1,000 The net operating income (loss) under variable costing in Year 1 is closest to: Click Save and Submit to save and submit. Click Save All Answers to save all answers Save Al Answers Save and