whirlwind Industries manufactures and sells a single product. The controller has prepared the following income Red statement for the most recent year: EEE (Click the icon to view the data.) The company produced 7,000 units and sold 6,500 units during the year ending December 31. Fixed manufacturing overhead (MOH) for the year was $119,000, while fixed operating expenses were $58,000. The company had no beginning inventory. Requirement 1. Will the company's operating income under variable costing be higher, lower, or the same as its operating ir Whirlwind's operating income under variable costing will be Y its operating income under absorption costing. Th Y Under variable costing, Requirement 2. Project the company's operating income under variable costing without preparing a variable costing income Begin by selecting the correct formula to reconcile the difference between the two income figures. Then enter the amounts to Difference in operating income Now calculate Whirlwind's projected operating income (loss) under variable costing. (use a minus sign or parentheses for a l Projected operating income (loss) under variable costing choose from any list or enter any number in the input fields and then continue to the next