The following information pertains to Year 2 of ABC Inc's operations: In addition, you are given the following information: - Actual and budgeted fixed manufacturing costs were both $200,00. - Fixed Selling and Administrative costs amounted to $60,000. - ABC produced 100,000 units and sold 80,000 units during Year 2. - There were no beginning inventories. Based on the information provided, ABC's Year 2 Abso income from operations was: Select one: a. Nil. b. $420,000. c. $480,000. d. $380,000. The advantage of using the cost-plus pricing strategy is: Select one: a. It removes any costs that do not add value to the product. b. It considers market and customer information c. It ensures that the business covers all product costs and earns a profit. d. It looks at the relationship between price and quantity demand