Tulsa, Inc., planned and actually manufactured 230,000 units of its single product in 2017, its first year of operation. Variable manufacturing cost was $17 per unit produced. Variable operating (nonmanufacturing) cost was $11 per unit sold. Planned and actual fixed manufacturing costs were $920,000. Planned and actual fixed operating (nonmanufacturing) costs totaled $410,000. Tulsa sold 150,000 units of product at $46 per unit Read the requirements Requirement 1. Tulsa's 2017 operating income using absorption costing is (a) $1,690,000. (D) $1,370,000. (C) $1,780,000, (d) $2,100,000, or (e) none of these. Show supporting calculations Begin by selecting the labels used in the absorption costing calculation of operating income and enter the supporting amounts. Perform the calculations in this step, but select the correct operating income in the next step. (For amounts with a $0 balance, make sure to enter "o" in the appropriate cell.) Absorption costing Absorption costing $ 6,900,000 Revenues Cost of goods sold: Variable manufacturing costs TOTO Operating income Etext pages Calculator Revenues Cost of goods sold: Allocated fixed manufacturing costs Beginning inventory Contribution margin Cost of goods available for sale Deduct ending inventory Fixed manufacturing costs Fixed operating costs Gross margin Opel Revenues Variable manufacturing costs Variable operating costs Et Begin by selecting the labels used in the absorption costing calculation of operating income and enter the Absorption costing Revenues $ 6,000,000 Cost of goods sold: Variable manufacturing costs Cost of goods sold Ope Total fixed costs Total operating costs Total variable costs Etext pages Calculator