Last year, Meether Company produced 17,000 units and sold 16,000 units. The company had no beginning inventory. Meether incurred the following costs: Direct materials per unit $35 Direct labor per unit $10 Variable overhead per unit $12 Total fixed manufacturing overhead Total selling and administrative (all fixed) Sales Price per unit Operating income under variable costing is OA. $1,987,000 OB. $1,995,000 OC. $2,000,000 OD. $2,128,000 $136,000 $5,000 $190

Last year, Meether Company produced 17,000 units and sold 16,000 units. The company had no beginning inventory. Moether incurred the following costs: Operating income under variable costing is A. $1,987,000 B. $1,995,000 C. $2,000,000 D. $2,128,000