PLEAES SHOW WORK

Use the following information to answer the next 2 questions Toby Company produces and sells a specialized product for $80 per unit. In the first month of operation, 3,000 units were produced and 2,250 units were sold. The company did not have any material or work in process inventory at the end of the month. Actual fixed costs are the same as the amount budgeted for the month. Fixed manufacturing cost is allocated to products based on units produced. Other information for the month includes: 11. ( 1 point) What is operating income under variable costing? a. $30,000 b. $15,000 c. $22,500 d. $33,000 e. $18,000 f. $37,500 g. $90,000 h. None of the above 12. ( 1 point) What is operating income under absorption costing? a. $22,500 b. $48,000 c. $33,000 d. $15,000 e. $18,000 f. $37,500 g. $49,500 h. None of the above