Franz began business at the start of this year and had the following costs: variable manufacturing cost per unit, $9; fixed manufacturing costs, $60,000; variable selling and administrative costs per unit, $2; and fixed selling and administrative costs, $220,000. The company sells its units for $45 each. Additional data follow. Planned production in units 10,000 Actual production in units 10,000 Number of units sold 8,500 - The net income (loss) under absorption costing is: A. $(7,500) B. $9,000 C. $15,000 D. $18,000 - The net income (loss) under variable costing is: A. $(7,500) B. $9,000 C. $15,000 D. $18,000

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