Andy$$s Water Pets Inc. makes $100-$gallon plexiglass aquariums. They reported the following financial information for last year:

Direct labor: $12,000$ hours @ $$20$ per hr$.$

Production manager salary: $$100,000$

Factory rent: $$48,000$

Equipment maintenance: $$20,000($considered a variable expense$)$

Equipment depreciation: $$20,000$

Production for the year: $12,000$ units

Total Revenue: $$2,000,000$

Total aquariums sold during the period: $15,000$ units

Operating Income under variable costing $($after non$-$production expenses$)$: $$408,000$

Assume that the fixed costs were the same on a per$-$unit basis during the prior period.

What would Operating Income be under absorption costing? $($Round per$-$unit costs to the nearest cent.$)$

Select one:

a$.$ $$361,020$

b$.$ $$366,000$

c$.$ None of these options are correct.

d$.$ $$450,000$

e$.$ $$454,980$