PE TOT 19 Production and sales volume Selling price Direct material Direct labor Manufacturing overhead Gross profit Selling and administrative Operating profit T-SHIRTS 64,000 units $16.00 $4.00 $4.50 $2.00 $5.50 $4.00 $1.50 SWEATSHIRTS 36,000 units $29.00 $5.00 $9.20 $3.00 $11.80 $7.00 $4.80 What is the projected decline in operating income if the direct materials costs of T-Shirts increase to $5.50 per unit and direct labor costs of Sweatshirts increase to $15.00 per unit? O A. $304,800 OB. $892,000 OC. $96,000 OD. $200,800