Music Incorporated planned and manufactured 255,000 units of its single product in 2022, its first year of operations. Variable manufacturing costs were $40 per unit of production. Planned and actual fixed manufacturing costs were $610,000. Marketing and administrative costs (all fixed) were $305,000 in 2022. Music Incorporated sold 205,000 units of product in 2022 at $70 per unit.

Variable costing operating income for 2022 is calculated to be: (Do not round intermediate calculations. Round your final answers to whole dollar amounts.)

Multiple Choice

$4,106,000.

$4,311,000.

$5,235,000.

$5,355,050.

$6,159,000.