Johnston Corporation Manufactures a Single Product That It Sells for $30

Multiple Choice

Johnston Corporation manufactures a single product that it sells for $30 per unit.The company has the following cost structure: Last year there was no beginning inventory.During the year,20,000 units were produced and 17,000 units were sold. The company's net operating income for the year under variable costing is:

A) $110,000
B) $149,000
C) $161,000
D) $170,000