Hayes Company operated at normal capacity during the current year, producing 54386 units of its single product. Sales totalled 39701 units at an average price of $24.98 per unit. Variable manufacturing costs were $11.15 per unit, and variable marketing costs were $5.70 per unit sold. Fixed costs were incurred uniformly throughout the year and amounted to $182145 for manufacturing and $57486 for marketing. There were no opening inventories. What is Hayes operating income (loss) under absorption costing? Select one: a. $322769 b. $83138 X c. $159031 d. $132320 Your answer is incorrect. The correct answer is: $132320