Selling price Variable production costs Variable selling and admin. expenses Fixed production costs Fixed selling and admin. expenses Units produced Units sold $220 per unit $90 per unit produced $25 per unit sold $600,000 $400,000 12,000 units 11,500 units There were no beginning inventories. Compute Arrow's operating income for the month of May using the variable-costing method. O $232,500 O $70,000 O $207,500 O $45,000 Selling price Variable production costs Variable selling and admin. expenses Fixed production costs Fixed selling and admin. expenses Units produced Units sold $220 per unit $90 per unit produced $25 per unit sold $600,000 $400,000 12,000 units 11,500 units There were no beginning inventories. Calculate Arrow's ending inventory cost for the month of May using the absorption-costing method. O $232.500 $70,000 O $207.500 $45.000