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Gomez Company has no beginning and ending inventories, and reports the following data about its only product: Direct materials used $470,000 Direct labor $180,000 Fixed
Gomez Company has no beginning and ending inventories, and reports the following data about its only product:
Direct materials used $470,000
Direct labor $180,000
Fixed indirect manufacturing $130,000
Fixed selling and administrative $150,000
Variable indirect manufacturing $120,000
Variable selling and administrative $60,000
Selling price(per unit) $100
Units produced and sold 30,000
Gomez Company uses the contribution approach to prepare the income statement. What is the operating income?
A) $1,890,000
B) $2,100,000
C) $2,190,000
D) $2,250,000
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