Assume the following information for a company that produced and sold 10,000 units during its first year of operations:

Per Unit Per Year Selling price $ 200 Direct materials $ 82 Direct labor $ 50 Variable manufacturing overhead $ 10 Sales commission $ 8 Fixed manufacturing overhead $ 300,000

Using variable costing, what is the companys net operating income?

Multiple Choice

$500,000

$200,000

$280,000

$180,000