Indiana Corporation Produces a Single Product That It Sells for $9

Multiple Choice

Indiana Corporation produces a single product that it sells for $9 per unit. During the first year of operations, 100,000 units were produced and 90,000 units were sold. Manufacturing costs and selling and administrative expenses for the year were as follows:
What was Indiana Corporation's net operating income for the year using variable costing?

A) $181,000
B) $271,000
C) $281,000
D) $371,000