ased on the following data:

SALES	$ 55.00	per unit
D. LABOR	$ 19.50	per unit
D. MATERIALS	$ 15.50	per unit
VARIABLE OVERHEAD	$ 6.00	per unit
FIXED OVERHEAD	$ 46,000.00
VARIABLE SELLING EXP	$ 7.50	per unit
FIXED SELLING EXP	$ 18,500.00

CALCULATE THE OPERATING INCOME PROJECTED FOR A BUDGET OF 11,000 UNITS SOLD