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Tribou Patio Furniture manufactures adirondack chairs for the hospitality sector. It takes only bulk orders and each chair is sold for $400. In the month

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Tribou Patio Furniture manufactures adirondack chairs for the hospitality sector. It takes only bulk orders and each chair is sold for $400. In the month of January, it manufactures 3500 chairs and sells 2500 chairs. Actual fixed costs are the same as the amount of fixed costs budgeted for the month. The following information is provided for the month of January Variable manufacturing costs $130 per unit Fixed manufacturing costs $105,000 per month Fixed Administrative expenses $28,000 per month At the end of the month, Tribou Patio Furniture has an ending inventory of finished goods of 1000 units. The company also incurs a sales commission of $11 per unit. What is the operating income when using absorption costing? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar) Select one: A $572,000 B. $600,000 C. $544,500 D. $572,500

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