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Ace Manufacturing began its operations on January 1 of the current year. Ace produced 10200...

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Accounting

Ace Manufacturing began its operations on January 1 of the current year. Ace produced 10200 units during the year, sold 8160 units at an average selling price of $22 per unit, and had 2040 units in ending inventory. Variable production costs were $14 per unit, variable selling expenses were $2 per unit, fixed overhead totaled $12240, and fixed selling and administrative expenses totaled $30600. Under absorption costing, what was Ace's operating income?

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