A company can lower its break-even point by taking all of the following managerial actions EXCEPT: Increasing the sales of a product O Decreasing the variable cost of a product Increasing the selling price of a product Decreasing the company's overall fixed costs Loring Company has incurred the following operating costs for the month: Variable costs per unit: Direct materials. $5.00 Direct labor..... $3.00 Variable overhead $2.00 Variable selling $1.00 Fixed costs per month: Fixed overhead $4,000 Fixed selling & administrative $3,600 Fixed overhead is applied (assigned) to each unit of product based on the budgeted production of 2,000 units. During the month, 2,000 units were produced. Loring started the month with 300 units in beginning inventory. A total of 2,100 units were sold during the month at a price of $20. What is operating income that needs to be reported under absorption costing? $11,100 $13,200 $12,300 $12,400