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2 Cecelia's Costumery produces and sells a single product: a premium Genchin Impact Halloween costume. The selling price is $80.00 per costume. In the first

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2 Cecelia's Costumery produces and sells a single product: a premium Genchin Impact Halloween costume. The selling price is $80.00 per costume. In the first month of the company's operations, 3.000 costumes were produced, and 2,250 costumes were sold. Actual fixed costs were the same as the amount budgeted for the month. Other information for the month includes: Direct materials $20 per costume Direct labor $10 per costume Variable manufacturing $8 per costume overhead Fixed $60,000 per manufacturing month overhead Sales $1 per costume commissions Variable administrative $1 per costume expenses Cecelia's CEO $12,000 per salary month What was the company's operating income for the month under absorption costing? O $33,000 $49,500 O $23,500 O $37.500 None of the above

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