The Hoops Corporation manufactures and sells hula hoops. The following data is related to sales and production of the hula hoops for last year. Selling price per unit $8.20 Variable manufacturing costs per unit $1.87 Variable selling and administrative expenses per unit $4.85 Fixed manufacturing overhead (in total) $77,000 Fixed selling and administrative expenses (in total) $83,000 Units produced during the year 500,000 Units sold during year 190,000 Using variable costing, what is the operating income for last year? OA. $281,200 B. $121,200 OC. $441,200 OD. $1,558,000