Beck Company Has Determined the Following Variances at the End

Multiple Choice

Beck Company has determined the following variances at the end of the current year:
Variances
$\begin{array} { l } \text {Production Volume Variance }& \text {\( \$ 100,000 \) Favorable } \\ \text {Flexible Budget Variance for Direct Materials }& \text {\( \$ 10,000 \) Unfavorable } \\ \text {Flexible Budget Variance for Direct Labor }& \text {\( \$ 22,000 \) Unfavorable } \\ \text { Flexible Budget Variance for Fixed Overhead}& \text {\( \$ 30,000 \) Favorable } \\ \text { Flexible Budget Variance for Variable Overhead}& \text {\( \$ 25,000 \) Unfavorable } \\\end{array}$

Before consideration of the above variances,the company has operating income of $1,400,000.What is the operating income after considering the above variances?

A) $1,343,000
B) $1,473,000
C) $1,500,000
D) $1,530,000