Homework: Bonus HW 6 Save Score: 0 of 1 pt 3 of 3 (1 complete) HW Score: 33.33%, 1 of 3 pts E9-26 (similar to) Question Help Denver, Inc., planned and actually manufactured 210,000 units of its single product in 2017, its first year of operation. Variable manufacturing cost was $24 per unt produced. Variable operating (nonmanufacturing) cost was $10 per unit sold. Planned and actual fred manufacturing costs were $420,000. Planned and actual found operating (nonmanufacturing costs totaled $400,000. Denver sold 100,000 units of product at 543 per unit Read the requirements Requirement 1. Denver's 2017 operating income using absorption costing is (a) $300,000, (b) $80,000. (C) $450,000, (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 operating income in the next step. (For amounts with a $0 balance, make sure to e O in the appropriate coll) Absorption costing Revenues 4,300,000 Cost of goods sold Variable manufacturing costs 2400,000 Fixed manufacturing costs 210.000 - enver, Inc., planned and actually manufactured 210,000 units of its single product in 2017, its first year of a roduced. Variable operating (nonmanufacturing) cost was $10 per unit sold. Planned and actual fixed manus operating (nonmanufacturing) costs totaled $400,000. Denver sold 100,000 units of product at $43 per unit. Read the requirements Fixed manufacturing costs Gross margin 210,000 1,690,000 Total operating costs Operating income Choose from any list or enter any number in the input fields and then click Check Answer enver sold 100,000 units 210,000 1,690,000 Contribution margin Cost of goods available for sale Deduct ending inventory Fixed manufacturing costs Fixed operating costs Gross margin Revenues Variable manufacturing costs Variable operating costs Allocated fixed manufacturing costs Beginning inventory Contribution margin Cost of goods available for sale Deduct ending inventory Fixed manufacturing costs Fixed operating costs Gross margin Revenues Variable manufacturing costs Variable operating costs Requirements 1. Denver's 2017 operating income using absorption costing is (a) $300,000, (b) $80,000, (c) $480,000, (d) $700,000, or (e) none of these. Show supporting calculations. 2. Denver's 2017 operating income using variable costing is (a) $500,000, (b) $300,000. (c) $80,000. (d) $480,000, or (e) none of these. Show supporting calculations. Print Done