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quatic Pets Inc. makes 100-gallon plexiglass aquariums. They reported the following financial information for last...

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Accounting

quatic Pets Inc. makes 100-gallon plexiglass aquariums. They reported the following financial information for last year:
Direct labor: 7,800 hours @ $20 per hr.
Production manager salary: $65,000
Factory rent: $31,200
Equipment maintenance: $13,000(considered a variable expense)
Equipment depreciation: $13,000
Production for the year: 12,000 units
Total Revenue: $1,300,000
Total aquariums sold during the period: 15,000 units
Operating Income under absorption costing (after non-production expenses): $265,200
Assume that the fixed costs were the same on a per-unit basis during the prior period.
What would Operating Income be under variable costing? (Round per-unit costs to the nearest cent.)
Select one:
a. None of these options are correct.
b. $292,500
c. $295,737
d. $237,900
e. $234,663

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