Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year $ 200 $ 71 $ 50 $ 9 $ 8 Selling price Direct materials Direct...

Extracted text: Assume the following information for a company that produced and sold 10,000 units during its first year of operations: Per Unit Per Year $ 200 $ 71 $ 50 $ 9 $ 8 Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission Fixed manufacturing overhead $ 300,000 Using absorption costing, what is the company's net operating income? Multiple Choice O $320,000 $620,000 $400,000 $300,000