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Sleepy Time Is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry wide financial crisis, the CFO of

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Sleepy Time Is a retailer of luxury bed frames located in Los Angeles, California. Due to a recent industry wide financial crisis, the CFO of Sleepy Time fears a significant drop in the firm's upcoming income stream. The CFO asked you to use the company financial information provided below. Sales price per unit $ 3,150.00 Per-unit variable costs: Invoice cost 2,368.80 Sales commissions 311.20 Total per-unit variable costs $ 2,680.00 Total annual fixed costs: Advertising $ 236,300 Rent 178,300 Salaries 386,300 Total annual fixed costs 800,900 If 4,150 bed frames were sold, Sleepy Time's operating income (TTB) would be (Do not round intermediate calculations.) O $1,189,600 $1,289,600. O $1,149,600. $1,069,600. $1,229,600

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