Pungent Corporation manufactures and sells a spice rack. Sho…
Pungent Corporation manufactures and sells a spice rack. Shown below are the actual operating results for the first two years of operations: Problem Info Year 1 Year 2 Units (spice racks) produced 40,000 40,000 Units (spice racks) sold 37,000 41,000 Absorption costing net operating income $ 44,000 $ 52,000 Variable costing net operating income $ 38,000 ??? Pungent’s selling price and unit variable cost and total fixed cost were the same for both years. What is Pungent’s variable costing net operating income for Year 2?