A company's master budget for October is to manufacture and sell 31,200 units, for a total sales revenue of $294,000, total variable costs of $162,960, and total fixed costs of $20,000. The company actually manufactured and sold 33,200 units, and generated $57,000 of operating income in October. The flexible-budget operating income in October was: (Do not round intermediate calculations.) Multiple Choice O O O $119,440. $123,278. $106,678. $62,440. $120,310.