= Homework: Ch.9 Ho... Question 1, E9-26 (simila... Part 1 of 4 HW Score: 0%, 0 of 10 points Points: 0 of 10 O Save Boise, Inc., planned and actually manufactured 180,000 units of its single product in 2020, its first year of operation. Variable manufacturing cost was $25 per unit produced. Variable operating (nonmanufacturing) cost was $13 per unit sold. Planned and actual fixed manufacturing costs were $360,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $350,000. Boise sold 110,000 units of product at $45 per unit. Read the requirements Requirement 1. Boise's 2020 operating income using absorption costing is (a) $200,000, (b) $60,000, (c) $410,000, (d) $550,000, 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 enter "O" in the appropriate cell.) $ 4,950,000 Absorption costing Revenues Cost of goods sold: Variable manufacturing costs Beginning inventory Allocated fixed manufacturing costs Cost of goods available for sale $ 4,500,000 0 220000 4850000 Deduct ending inventory 1350000 3600000 Cost of goods sold Gross margin Variable operating costs Fixed operating costs 4550000 350,000