THE Company provided the following cost information for last year when they produced and sold 120,000 units: direct materials direct labor manufacturing overhead selling and administrative expenses $200,000 100,000 180,000 150,000 All costs are variable except for $100,000 of the manufacturing overhead and $50,000 of the selling and administrative expenses. Assume the selling price is $10 per unit. The net income THE Company would report from producing and selling 150,000 units would be equal to: $712,500 O $735,000 $750,000 $826,500 $870,000 none of the above choices are correct