The following information for the past year for the Magic Corporation has been provided: Fixed costs: Manufacturing $150,000 Marketing 19,000 Administrative 18,000 Variable costs: Manufacturing $111,000 Marketing 30,000 Administrative 43,000 During the year, the company produced and sold 70,000 units of product at a selling price of $11.38 per unit. There was no beginning inventory of product at the beginning of the year. O A. $609,600 OB. $796,600 OC. $425,600 OD. $612,600