Harfford, Inc, planned and actually manufactured 250,000 units of its single peoduct in 2020, its first year of cperation. Variable manufacturing cost was $21 per unit produced. Variable operating (nonmanufacturing) cost was $15 per unit sold. Planned and actual foxed manufacturing costs were $500,000. Planned and actual fxed operating (nonmanufacturing) costs totaled $420,000. Harfford sold 140,000 units of product at $43 per unit. Read the rocuirements. Requirement 1. Hartford's 2020 operating income using absorption costing is (a) $280,000, (b) $60,000, (c) $480,000, (d) $700,000, or (e) none of these, Show supporting calculations. Begin by selecting the labels used in the absorption costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operatin income in the next step. (For amounts with a so balance, make sure to enter " 0 " in the appeopriate cell.) Requirements 1. Hartford's 2020 operating income using absorption costing la (a) $280,000, (b) $60,000, (c) $460,000, (d) $700,000, of (e) none of these. Show supporting calculations. 2. Hartford's 2020 eperating income using variable costing is (a) $560.000, (0) $280,000, (c) $60,000, (c) $480,000, or (e) none of these. Show supporting calculations