A company's master budget for October is to manufacture and sell 31,200 units, for a total sales revenue of $294.000, total variable costs of $162,960, and total fixed costs of $20,000. The company actually manufactured and sold 33,200 units, and generated $57,000 of operating income in October. The flexible-budget operating income in October was: (Do not round intermediate calculations.) Multiple Choice $119,440 O O $123,278 O $106,678 O $62,440 $120.310 O