The following information for the past year for the Magic Corporation has been provided: During the year, the company produced and sold 30,000 units of product at a selling price of $11.29 per unit. There was no beginning inventory of product at the beginning of the year. What is the operating income (loss) for the year? A. $155,700 B. $338,700 C. $149,700 D. $33,300 Custom Framing Company provides the following information about its single product. What is the contribution margin per unit? A. $145.00 B. $0.64 C. $305.00 D. $80.00