Last year, Frame Company produced 1,400 units and sold 400 units. The company had no beginning inventory. Frame Company incurred the following costs:

Direct materials per unit $20

Direct labor per unit $14

Variable overhead per unit $5

Total fixed manufacturing overhead $9,000

Total selling and administrative (all fixed) $20,000

Sales Price per unit $150

Operating income under absorption costing is ________.

Question 30 options:

	$22,880
	$34,189
	$21,829
	$38,171