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Cloudy Corporation has provided the following cost data for last year when 50,000 units were...

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Accounting

Cloudy Corporation has provided the following cost data for last year when 50,000 units were produced and sold:
Raw materials
$200,000
Direct labor
100,000
Manufacturing overhead
200,000
Selling and administrative expense
150,000
All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expense.
If the selling price is $12 per unit, the net operating income from producing and selling 120,000 units would be:
Select one:
A.
$460,000
B.
$105,000
C.
$ 85,000
D.
$160,000

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