Foley Products Company makes a household appliance with model number x500. The goal for 2020 is to reduce direct materials usage per unit. No defective units are oumenty produced. Manufacturing conversion costs depend on production capacity defined in terms of X500 units that can be produced. The industry market size for appliances increased 10% from 2019 to 2020. The following additional data are available for 2019 and 2020 Units of X500 produced and sold 2019 20,000 2929 22,000 Selling price $120 $115 Direct materials (square feet) 38,000 36,800 Direct material costs p Manufacturing capacity for X500 (units) $13 12.000 $16 11,500 Total conversion costs $240,000 Conversion costs per unit of capacity $20 $230,000 520 OA $1,701.200 OB. $1,041,200 Oc $2.530.000 OD. $1,711,200 Foley Products Company makes a household appliance with model number X500. The goal for 2020 is to reduce direct materials usage per unt. No defective units are currently produced Manufacturing conversion costs depend on production capacity defined in terms of X500 units that can be produced. The industry market size for appliances increased 10% from 2019 to 2020. The following additional data are available for 2019 and 2020 2019 Units of X500 produced and sol 20,000 2020 22,000 Selling price $120 $115 Direct materials (square feet) 38,000 36,800 Direct material costs per square foot $13 Manufacturing capacity for X500 (units) 12.000 $16 11,500 Total conversion costs $240,000 $230,000 Conversion costs per unit of capacity $20 $20 OA $1.701,200 OB. $1,041,200 Oc. $2,530,000 OD. $1,711,200 capacity defined in terms of X500 units that can be produced. The industry market si 2019 2020 Units of X500 produced and sold 20,000 22,000 Selling price $120 $115 Direct materials (square feet) 38,000 36,800 Direct material costs per square foot $13 $16 Manufacturing capacity for X500 (units) 12,000 11,500 Total conversion costs $240,000 $230,000 Conversion costs per unit of capacity $20 $20 What is operating income for 2020? OA. $1,701,200 OB. $1,941,200 OC. $2,530,000 OD. $1,711,200