Rapid Cabinet Makers Inc. provided the following information pertaining to their product costs for January 2021: Direct materials/unit $38 Direct labor/unit $14 Variable manufacturing overhead/unit $19 Fixed manufacturing overhead in total $1,700 Rapid Cabinet Makers Inc. sold 100 units for $120 per unit in January 2021. If sales reduce to half the amount in the next month, what is the projected operating income? $2,900 $1,600 $2,450 $750

Rapid Cabinet Makers Inc. provided the following information pertaining to their product costs for January 2021 : Rapid Cabinet Makers Inc. sold 100 units for $120 per unit in January 2021. If sales reduce to half the amount in the next month, what is the projected operating income? $2,900 $1.600 $2,450 $750