Homework: Chapter 12, 9 Score: 0 of 30 pts E9-26 (similar to) 60f 6 (5 complete) HW Score: 675%, 675 of 100 pts Question Help Albany, Inc., planned and actually manufactured 230,000 units of its single product in 2017. ts frst year of operation. Variable manufactuning cost was $23 per unt produced. Variable operating (nonmanufacturing) cost was $10 per unit sold. Planned and actual fixed manufacturing costs were $690,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $440,000. Albany sold 160,000 units of product at $42 per unit. Read the requirements Requirement 1. Alban's 2017 operating income using absorption costing is (a) $520.000, (b) $310.000, (c) $750000. (a) s960,000, or (e) none of these Show supporting calculations. Begin by selecting the labels used in the absorption costing calculation of operating income and entor the supporting amounts. (For amounts with a $0 balance make sure to enter "O in the appropriate cell.) Absorption costing Revenues 6,720,0 Cost of goods sold Beginning inventory Variable manufacturing costs Allocated fixed manufacturing costs Cost of goods available for sale Deduct ending inventory Cost of goods sold Requirements 1. Albany's 2017 operating income using absorption costing is (a) $520,000, (b) S310.000 (c) $750000, (d) $960,000, or (e) none of these. Show supporting calculations Gross margn 2. Albany's 2017 operating income using variable costing is (a) $1,000,000. (b) $520,000 (e) $310 000, ) S750.000 or (e) none of these Show supporting calculations Choose from any ist or enter any number in the input Print Done