Homework: Chapter 9 Homework Save Score: 0 of 3 pts 5 of 33 (32 complete) HW Score: 83.79%, 34.35 of 41 pt E9-26 (similar to) :s Question Help 0 Albany, Inc., planned and actually manufactured 220,000 units of its single product in 2017, its first year of operation. Variable manufacturing cost was $22 per unit produced. Variable operating (nonmanufacturing) cost was $7 per unit sold. Planned and actual fixed manufacturing costs were $440,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $350,000. Albany sold 150,000 units of product at $46 per unit. Read the requirements. $ 6,900,000 Absorption costing Revenues Cost of goods sold: Beginning inventory Variable manufacturing costs $ 0 4840000 440,000 Allocated fixed manufacturing costs Cost of goods available for sale Deduct ending inventory 5280000 Cost of goods sold Gross margin Variable operating costs Fixed operating costs Operating income Choose from any list or enter any number in the input fields and then click Check Answer. Requirements 1. Albany's 2017 operating income using absorption costing is (a) $1,900,000, (b) $1,760,000, (c) $2,110,000, (d) $2,250,000, or (e) none of these. Show supporting calculations. 2. Albany's 2017 operating income using variable costing is (a) $2,200,000, (b) $1,900,000, (c) $1,760,000, (d) $2,110,000, or (e) none of these. Show supporting calculations. Print Done